

Jake and Gino Multifamily Investing Entrepreneurs: RPP - Nikolai Ray
Jake and Gino Multifamily Investing Entrepreneurs: RPP - Nikolai Ray
Nikolai Ray is the founder and CEO of the MREX, creating marketplaces for multifamily markets and secondaries market for real estate. Nikolai discusses with Rand Partners how people overemphasize cap rates in value-add deals.
Key Information:
-
Cap rate is the annualized return on investment if you purchased a property all cash
-
The problem with focusing on cap rates with value add deals is that:
-
-
Debt is used to purchase real estate (leverage)
-
Cash flows aren’t stabilized, but cap rates are based on annualized cash flows
-
-
Don’t look at averages of exit cap rate, look at ranges
Connect with Nikolai:
Invest with Rand Partners

You can contact us to get more choices
0
0
0

You can contact us to get more choices
Related posts
The landmark moment yesterday saw local teacher Sushila Hirani, after whom the TBM is named, ceremonially switch on the 2,000t, 140m long machine on its 5-mile journey. It is the first of six TBMs that will tunnel 26 miles under the capital. James Richardson, managing director of Skanska Costain STRABAG JV said: “Today we start one of the most complex parts of HS2, tunnelling from here at West Ruislip towards Euston beneath one of the busiest cities in the world. “The huge team effort has ...
The landmark moment yesterday saw local teacher Sushila Hirani, after whom the TBM is named, ceremonially switch on the 2,000t, 140m long machine on its 5-mile journey. It is the first of six TBMs that will tunnel 26 miles under the capital. James Richardson, managing director of Skanska Costain STRABAG JV said: “Today we start one of the most complex parts of HS2, tunnelling from here at West Ruislip towards Euston beneath one of the busiest cities in the world. “The huge team effort has ...
Home to the Liberty Bell, the Declaration of Independence, and Philly cheesesteaks – there’s much to love about the City of Brotherly Love. That said, big city living isn’t for everyone. And if that’s you, we can help you find the right city near Philadelphia to move to instead. Check out these four cities near Philadelphia, each with its own features and charm and within easy commuting distance of Philly. #1: Upper Darby, PA Miles from Philadelphia: 7
Population: 83,000
Median home...
Home to the Liberty Bell, the Declaration of Independence, and Philly cheesesteaks – there’s much to love about the City of Brotherly Love. That said, big city living isn’t for everyone. And if that’s you, we can help you find the right city near Philadelphia to move to instead. Check out these four cities near Philadelphia, each with its own features and charm and within easy commuting distance of Philly. #1: Upper Darby, PA Miles from Philadelphia: 7
Population: 83,000
Median home...
For the third time, Gov. Greg Abbott took the oath of office Jan. 17 during an inauguration ceremony at the Texas State Capitol.
Abbott noted Texas has a budget surplus, and he expects to use that to help with property taxes.
“We will use that budget surplus to provide the largest property tax cut in Texas history,” he said.
On Jan. 9, Comptroller Glenn Hegar announced a $32.7 billion budget surplus. On Jan. 17, Abbott called it the biggest surplus in state history.
This comes as Texas v...
For the third time, Gov. Greg Abbott took the oath of office Jan. 17 during an inauguration ceremony at the Texas State Capitol.
Abbott noted Texas has a budget surplus, and he expects to use that to help with property taxes.
“We will use that budget surplus to provide the largest property tax cut in Texas history,” he said.
On Jan. 9, Comptroller Glenn Hegar announced a $32.7 billion budget surplus. On Jan. 17, Abbott called it the biggest surplus in state history.
This comes as Texas v...
Robert Helms has a passion for real estate. He is the co-host of the very popular Real Estate Guys podcast and has been educating investors for over twenty years. Investing is a team sport. To get bigger faster, you need to be able to successfully syndicate real estate transactions. Robert shares some his most essential secrets. To train with Robert Helms at the Secrets of Successful Syndication: https://ap216.isrefer.com/go/soss/A0013/ To sail with Robert Helms & Robert Kiyosaki & Michael Bec...
Robert Helms has a passion for real estate. He is the co-host of the very popular Real Estate Guys podcast and has been educating investors for over twenty years. Investing is a team sport. To get bigger faster, you need to be able to successfully syndicate real estate transactions. Robert shares some his most essential secrets. To train with Robert Helms at the Secrets of Successful Syndication: https://ap216.isrefer.com/go/soss/A0013/ To sail with Robert Helms & Robert Kiyosaki & Michael Bec...
Homeowner concierge platform MoveEasy has raised another $7 million for a cumulative $10.5 million over two rounds this year.
At the same time, the Grandview Heights company is on track to double revenue this year, on top of quadrupling revenue in 2021 over the prior year. Figures are not disclosed.
MoveEasy is on track to hit profitability next year after eight years of "humbling" struggle, co-founder and CEO Venkatesh Ganapathy said. The outside capital simultaneously provides security in a ...
Homeowner concierge platform MoveEasy has raised another $7 million for a cumulative $10.5 million over two rounds this year.
At the same time, the Grandview Heights company is on track to double revenue this year, on top of quadrupling revenue in 2021 over the prior year. Figures are not disclosed.
MoveEasy is on track to hit profitability next year after eight years of "humbling" struggle, co-founder and CEO Venkatesh Ganapathy said. The outside capital simultaneously provides security in a ...
August 11, 2022
James Leggate
KEYWORDS Cleveland / Offshore Wind / renewable energy
Order Reprints
No Comments
A project to build what would be the first freshwater offshore wind energy farm in North America can proceed, the Ohio Supreme Court ruled Aug. 10 in a lawsuit by opponents that challenged its state approval. In a 6-1 decision, ...
August 11, 2022
James Leggate
KEYWORDS Cleveland / Offshore Wind / renewable energy
Order Reprints
No Comments
A project to build what would be the first freshwater offshore wind energy farm in North America can proceed, the Ohio Supreme Court ruled Aug. 10 in a lawsuit by opponents that challenged its state approval. In a 6-1 decision, ...
Steady Afternoon Leaves Steep AM Losses Intact Today's recap could just as easily be this morning's commentary. Little changes after the initial rout that took Treasuries and MBS to their weakest levels since the middle of June. As for culprits, there's a short list. First and foremost, an overwhelming slate of corporate bond issuance is getting the most attention. ISM Services data didn't help and it certainly argues against the Fed pausing to consider the ill effects of policy tighteni...
Steady Afternoon Leaves Steep AM Losses Intact Today's recap could just as easily be this morning's commentary. Little changes after the initial rout that took Treasuries and MBS to their weakest levels since the middle of June. As for culprits, there's a short list. First and foremost, an overwhelming slate of corporate bond issuance is getting the most attention. ISM Services data didn't help and it certainly argues against the Fed pausing to consider the ill effects of policy tighteni...
Capital markets and construction costs, however, "pose significant challenges" to development, Kidder Mathews notes.
Capital markets and construction costs, however, "pose significant challenges" to development, Kidder Mathews notes.
Zander Park was sold to Frisco-based Jordan Multifamily by BW Zander Park. The sale was operated by Rockwall-based Milkman Capital MGR for an undisclosed price.
Zander Park was sold to Frisco-based Jordan Multifamily by BW Zander Park. The sale was operated by Rockwall-based Milkman Capital MGR for an undisclosed price.