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All Forum Posts by: Bryan Sandera

Bryan Sandera has started 20 posts and replied 33 times.

Thanks Jake! I am looking at the numbers of some of the houses on Redfin that are multi family.  The cap rate I am figuring is a lot lower.  Its either they are way over priced or I am not doing the right calculation.  Is the 7-9% cap rate you stated with an 11% management fee included?

I am a owner of 4 rental properties in West Michigan and am going to offer on a multi-family home in Heritage Hill Historic District, in Grand Rapids, MI. I am looking for local investors or investors that know this market's input on the CAP rate he or she uses in their offer calculations. Other forms of info use is also welcomed! Thanks in advance!

Bryan Sandera

Post: New Member from Grand Rapids, MI

Bryan SanderaPosted
  • Caledonia, MI
  • Posts 34
  • Votes 4

My name is Bryan and I am a new member to BiggerPockets!  I own 4 rental houses and would like to learn the best way buy more with less money down!  Excited to hear how!