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All Forum Posts by: Mike Lambert

Mike Lambert has started 4 posts and replied 1388 times.

Post: Show me your 2% rule

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

@Turner Monroe You're right it's 2% gross rental income but even that isn't easy to find these days!

Post: Show me your 2% rule

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

@Anthony Dooley Is Columbus, GA a good market for multifamily (apartments) as well?

Post: Show me your 2% rule

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

Hi guys , great thread! As someone mentioned above, it's probably impossible to find 2% in a growth area so you can get cash flow but don't get the capital gains. You don't need 2% to be cash flow positive after leverage.

So isn't the question what would be the optimal combination of growth and rent / price ratio and where can you find it?

Post: New Wholesalers In Atlanta

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

@Account Closed I'm a fellow Canuck and wondering how you can wholesale at such a distance. What sort of team have you put in place?Thanks Mike

Post: New Wholesalers In Atlanta

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

@Scott Morton I'm a fellow Canuck and wondering how you can wholesale at such a distance. What sort of team have you put in place?Thanks Mike

Post: Advice on investing/ flipping in Pensacola?

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

@William Allen and @Matt Jones Is Pensacola a good market for (large) multifamily as well? Thanks

Post: Looking for 5-20 unit multifamily with owner financing... HELP!!

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

Hi Jason, I'm sure you'll find a way you seem to have been pretty successful so far and have a great mindset! Given that you seem to live in Knoxville I was wondering why you want to invest in Pensacola. We're looking to buy apartment complexes with investor money and it's one of the cities we're considering.

Post: High Cap Rates for Multi Families in GA

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

Hi Michael, can you email me the details? [email protected] thanks

Post: Atlanta Cap rates midsized multifamily

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

@Jeff Kehl Hi Jeff, I checked the CBRE website and they only have reports on office, industrial and retail; nothing on multifamily.

Post: New Guy from Atlanta, GA

Mike Lambert
Posted
  • Investor
  • The Americas and Europe
  • Posts 1,424
  • Votes 1,215

@Erica Muller Hi Erica, I would be interested in your info on short term rentals in Orlando if you want to share. Thank you. Mike