Guys, people always ask about apartment renovations. Here are some images of the first unit we completed at South Mountain Square: And here the Matterport What do you guys think?
Is Multifamily a Cash Flow Play?
You guys, This episode didn’t make it into the original line-up for Season 1. It’s a 30-minute show, or so, and we had some connectivity difficulties on about 5 minute’s worth. We omitted it for the launch, but since have put it in. This episode is much too important not to include as it tees-up […]
Understanding the Cap Rate
Likely the single most misunderstood concept in all of real estate investing is the Capitalization Rate. So, what is it really, and how do we use it? It’s a Formula Yes, it is a formula: Cap Rate = NOI / Valuation However, while this is the mathematical formula, if you simply focus on the numbers […]
Multifamily Syndication with Ben Leybovich and Brian Burke
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Everything You Need to Know About Multifamily Syndication With Ben Leybovich and Sam Grooms
HAHAHAHA Listen, if you belong to that very strange yet very large group of people we refer to as the Millenials, you will either laugh your rear off and learn a whole bunch form this, or you will learn nothing and hate me forever. Either way – you get the real deal! Ben and Dan […]
New Podcast – An Honest and In-depth Conversation
Guys, I’ve been fortunate to appear on a lot of different podcasts over the years. All, hopefully, are educational to some extent. Some are quite entertaining. Few are truly in-depth. But, almost none are truly honest to the core… This is understandable. Everyone is selling something, and as a result, no one wants to offend anyone […]
Early Registration BONUS
Yesterday in I announced the Phoenix Syndication Workshop. Today, a very short but powerful announcement: Registrations Processed Prior to October 15th Receive PSW Multifamily Underwriting Model FREE Extremely Powerful Tool I promise you this is the best underwriting spreadsheet your money can buy. Only you get it for free by registering prior to October 15th. Not […]
Phoenix Syndication Workshop
Phoenix Syndication Workshop If you follow me you probably already know about this. But just in case: On January 26th and 27th my partner, Sam Grooms, and I will hold a 2-day event in Phoenix called the Phoenix Syndication Workshop. I am SUPER excited about this for a number of reasons: We Will Shorten Your Learning Curve […]
Most Important Concept in Real Estate
What Are the Economic Losses in Apartment Investing
As it relates to things that cost money on a monthly and annualized basis in apartment investing there are two categories of items – those that you stroke a check for every month or year, and those that you don’t. The “stroke a check” category is easy to understand. The money was in your account, […]
Multifamily Expenses are Easy
I will not buy small property – period! Why you may ask. Because it’s too risky! Two Basic Due Diligence Tasks When buying an apartment building we have two basic tasks relative to the due diligence. One – we have to underwrite the rents very precisely. Two – we have to underwrite expenses very precisely. […]