There is a lot of confusion as to how to evaluate the physical and economic condition of an apartment building or community. This will be short, but I think you’ll be able to visualize things more clearly. Due Diligence – What is it? Due diligence defined is very simply the process of validating the physical […]
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 […]
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, […]
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. […]
Here’s a major post and introduction to how to make money with house hacking. Have fun with this… I don’t know if this happens to you, but I’ve noticed that once every so often I experience a point of inflection in my thinking on a given subject. A paradigm shift, if you will, whereby through […]