All Forum Posts by: Sonia Spangenberg
Sonia Spangenberg has started 6 posts and replied 58 times.
Post: What are a good set of questions to bring to the table when being offered a multi-unit portfolio opportunity with 100% financing?

- Manassas, VA
- Posts 60
- Votes 24
P.S. Ben you asked that like a true teacher.
Post: What are a good set of questions to bring to the table when being offered a multi-unit portfolio opportunity with 100% financing?

- Manassas, VA
- Posts 60
- Votes 24
Ben, my understanding of CAP is gross income minus operating expenses (mortg, utilities not paid by tenant, taxes, insurance, HOA fees if applicable, then monthly capital expenditure set aside, and property mgmt.) I don't think you look at depreciation and appreciation. What did I miss?
Post: What are a good set of questions to bring to the table when being offered a multi-unit portfolio opportunity with 100% financing?

- Manassas, VA
- Posts 60
- Votes 24
Thanks Jon, you added a few points to check that weren't on my list. This is some SF, some duplex and triplex properties. Any specific questions for/of the property mgmt firm? I haven't used one before.
Post: What are a good set of questions to bring to the table when being offered a multi-unit portfolio opportunity with 100% financing?

- Manassas, VA
- Posts 60
- Votes 24
We have beginning experience with SF home investing and are currently using cash for smaller deals. I just want to make sure we are asking all the right questions when we evaluate this next level deal. Cap rate is supposed to be 13, there is going to be a new property mgt firm in place, the local rental mkt has a shortage of properties. It sounds like a no-brainer but I am sure there are more questions and verifications such as price/cash flow amt. Please suggest a list of questions to help me make sure I am covering all the bases. Thanks
Post: Property Pool?

- Manassas, VA
- Posts 60
- Votes 24
I have read some posts on crowdfunding and that strategy doesn't look so good. You seem to loose control of quality of investment. There are very few positive commnts. I just wonder if anyone has looked at Property Pool?
Post: Property Pool?

- Manassas, VA
- Posts 60
- Votes 24
https://property-pool.com/posts/crowdinvesting/27/...
Does anyone know much about this operation? Anyone have experience with this investment strategy? I don't understand enough about it to know what questions I should ask. Can anyone help?
Post: PPM's

- Manassas, VA
- Posts 60
- Votes 24
P.S. I am just learning about PPM's and may not fully understand them so any overview/explanation would also be appreciated.
Post: PPM's

- Manassas, VA
- Posts 60
- Votes 24
Does anyone have guidance on wording for a PPM. I already feel comfortable with presenting the deal analysis reports but would like to have a PPM statement as to risks to attach to those. Could someone share an example of what they use. Thanks, Sonia