ASK MIKE MONDAYS - I want to a buy an apartment building. What do I look for in the numbers?

Michael explains to a potential apartment buyer on what is important in the operating statement. Do you look at the trailing 1, trailing 3, or trailing 12? What is important? Michael talks about the importance of analyzing the trend line of income and expenses.

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ASK MIKE MONDAYS - I want to a buy an apartment building. What do I look for in the numbers?

oldcapitalpodcast oldcapitalpodcast | 5 years ago

ASK MIKE MONDAYS - I want to a buy an apartment building. What do I look for in the numbers?

oldcapitalpodcast oldcapitalpodcast | 5 years ago

ASK MIKE MONDAYS - Do I need a buyer’s broker when acquiring an apartment building?

oldcapitalpodcast oldcapitalpodcast | 5 years ago

Buyer brokers are not common in multifamily. If you are fairly new into apartment investing, you should have a buyer’s broker represent you. If you are a seasoned apartment buyer, buyer brokers are an extension of your team and will add value. They are out looking for specific transactions that meet your vision. As a general partner you should be focused on 1) raising new equity, 2) finding new transactions. Buyer brokers can assist you in finding the right transaction.

ASK MIKE MONDAYS - Do I need a buyer’s broker when acquiring an apartment building?

oldcapitalpodcast oldcapitalpodcast | 5 years ago

ASK MIKE MONDAYS - How do I avoid getting my apartment foreclosed upon? What are the BEST OPERATING ...