All Forum Posts by: Jim Growfer
Jim Growfer has started 16 posts and replied 92 times.
Post: if i buy a building at 5% cap rate at a discount, is it still 5%?
- Posts 92
- Votes 10
I still don't understand how Cap Rate even correlates with Cashflow though. can i have a 5% cap that cash flows better than a 8% cap?
Post: if i buy a building at 5% cap rate at a discount, is it still 5%?
- Posts 92
- Votes 10
wow 3% cap...
Seems to me, that those who purchase A class properties, have so much money that they don't know where to put it so they invest in things like that.
Post: if i buy a building at 5% cap rate at a discount, is it still 5%?
- Posts 92
- Votes 10
@Bjorn Ahlblad So when a broker asks you what your criteria is, what do you tell them?
I personally am looking to purchase either a class B or class C value add
Post: if i buy a building at 5% cap rate at a discount, is it still 5%?
- Posts 92
- Votes 10
So A class properties are usually in the 1-4% cap range right?
what should I expect for Class B and C? @Jameson Sullivan
Post: if i buy a building at 5% cap rate at a discount, is it still 5%?
- Posts 92
- Votes 10
thank you michael that helps a lot!
Post: if i buy a building at 5% cap rate at a discount, is it still 5%?
- Posts 92
- Votes 10
If someone is asking 600k for a building that has a 5% cap rate, 30k NOI and i purchase it at 500k. It wouldnt be 5% anymore, correct?
Cap rate confuses me a little bit, because that cap rate would now be 6% not 5%.
Where am i wrong?
Post: How to figure out my Debt Coverage? 7% factor?
- Posts 92
- Votes 10
@Robert Leonard So if the 7% factor as a quick rule of thumb, anything under a 7% cap wouldnt cash flow, correct? or am i misunderstanding cap rate
Post: What is a fair partnership for a 30 unit multi family?
- Posts 92
- Votes 10
@Ellis Hammond i think Evans 70/30 is a lot more fair until i have more expierence
Post: What is a fair partnership for a 30 unit multi family?
- Posts 92
- Votes 10
@Dan Cardone yes dan the investor gets the higher %
Post: What is a fair partnership for a 30 unit multi family?
- Posts 92
- Votes 10
another great idea theo i like that refinance option!