All Forum Posts by: Rick Martin

@Alex Ramirez I don’t think it is a problem as long as it is a like real estate investment.

@Mallikarjun Reddy Pateel rising interest rates theoretically put upward pressure on cap rates, so you may want to look at a forward looking curve like the SOFR curve, which accounts for rising interest rates. A higher cost of borrowing should put downward pressure on prices. The thing is, there is such crazy, pent up demand!

@Jason Malabute Another couple of sites are Capstone, CBRE, and Cushman Wakefield. If you register, you can enter their deal rooms and download the t-12 and rent roll.

@Costin I.  you most definitely can offset your cash distributions, and if there is still a portion of the depreciation left at the end of the hold, you can use that as well. You bring up an excellent point about using retirement funds and it being allotted to the taxable income investors. Maybe a cost seg pro like @Yonah Weiss can comment. A CPA couldn't definitely help the conversation as well.

my pleasure @Cameron Braig.

@Ashley Corbett in that range you may want to explore a direct mail campaign. @Justin Goodinrecently closed on a 29 unit (or maybe put under contract). He swore by this article, which is literally a guide to running a successful direct mail campaign. Link below:

https://joefairless.com/ultima...

@Carlos Gonzalez are you asking about an underwriting model/tool that you can use to analyze a deal. A couple of free, but good analyzers are Rob Beardsley's and adventures in CRE:

https://lonestarcapgroup.com (download from the top of the page)

https://www.adventuresincre.co...

@George Martinez The ABC's of Real Estate by Ken McElroy, and Multifamily Millions by David Lindal might be a good place to start for books. Check out some podcasts as well. Sift through episodes of Bigger Pockets PC, The Best Ever PC, and Jake and Gino's Wheel Barrel Profits PC for small apartment-specific episodes.

@Ken Mccarroll request to get the t12 (the trailing 12 months) and the rent roll (to verify rent figures on the t12) from the broker or seller. This will have the last 12 months' revenues and expenses to determine your NOI. You can also request the T3 for the most recent trends in income, but still, use the t12 for expenses.

@Lukas Iraola the two books I see recommended most are "Tax-Free Wealth," by Tom Wheelwright, and "Advanced Tax Strategies," by Amanda Han and Matthew MacFarland. It should at the very least give you a good start.