Wish i had found this channel years ago. Just closed on a multifamily unit in canada... first time for me. don’t think i did too badly thanks to years of research... all which has been eloquently summarized into this great video.
Get the tax returns for the property last 3 years of operation using IRS form 4506-T. If the property owner is reluctant to provide this information, then remind him that you only want to see the relevant pages of the tax return. Compare the income and expenses on the tax returns to the operating data.
But to know the NOI one must also know the current expense cost a year. Most flyers ive seen (maybe im missing it) dont show the operating expenses, so how does one get that information to determine the DCR ratio?
I saw one investment sale for 499k, 100% leased, retail bldg. NOI $59,563, Cap rate of 11.94% class C, do you think that’s a no-go or worth looking into?
It depends on so many other factors and couldn't be explored simply with a comment. In general, you want to be suspect of really high cap properties in bad areas.
Holding strong. Inventory levels of housing is still at historic lows and with higher interest rates, apartment vacancy is at all time lows and the rental rates are staying strong.
Peter i liened Mosser Companies Inc. 308 Jessie st San Francisco Ca. 94103 and also at 220 Montgomery st San Francisco, Ca. 94104. i have a court ordered judicial lien / judgement against several properties. i'm creating the writ for execution for the Sheriff's Dept. instructions et cetera. I've never had any experience with commercial prorerty, i'de like some advice, consultation is it possible. Peter i liened them for 2 billion plus via affidavit and they aquiesced, thet never responded to a international law suit......12/15/22 @ 12: 57
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Wish i had found this channel years ago. Just closed on a multifamily unit in canada... first time for me. don’t think i did too badly thanks to years of research... all which has been eloquently summarized into this great video.
Excellent advice. Love your videos. Keep providing great videos and thank you for sharing.
well said ,,, at first in multifamily is location that can bring you a good tenant & higher rent... great content ,, thank you !!!
You are now listening to a MASTER at work… great info as always !
Perfect explanation. Thank you
Thanks Peter for useful tips for upcoming new commercial investors
Shady seller warnings.......that's good!
Thank you Peter , you are amazing!
I am learning so much with all your videos . Thank you ☀️
Wonderful!
On # 2, a seller can turn from Dr. Jekyll to Mr. Hyde very quickly! Thanks for this info Peter!!
Great video!
Great video as usual Peter thank you
thanks so much for your videos
Great video, my gut says to run away!!!
Good information
4 reasons, 4th comment, 480 views, released 4 hours ago 😎
Any videos on retail/convenience store investing?
Get the tax returns for the property last 3 years of operation using IRS form 4506-T.
If the property owner is reluctant to provide this information, then remind him that you only want to see the relevant pages of the tax return.
Compare the income and expenses on the tax returns to the operating data.
I noticed some of your vids are 6 years old. Are you numbers there still relevant? Cap rate>8%, cash on cash> 10%, grm
What is the minimum one should have to invest?
But to know the NOI one must also know the current expense cost a year. Most flyers ive seen (maybe im missing it) dont show the operating expenses, so how does one get that information to determine the DCR ratio?
Great question! You'll like this video: ruclips.net/video/Nx9U6XroDN0/видео.html
I saw one investment sale for 499k, 100% leased, retail bldg. NOI $59,563, Cap rate of 11.94% class C, do you think that’s a no-go or worth looking into?
It depends on so many other factors and couldn't be explored simply with a comment. In general, you want to be suspect of really high cap properties in bad areas.
What if you have $778/m with NNN conctrac, is it still a bad deal?
How do you become a student? I’m interested!
Apply to my Protege Program here: www.commercialpropertyadvisors.com/protege-program
Minimum DCR 1.50 in the current market.
The #4th reason can be avoided if knowledge is enough and partnering with experienced … hiring construction company with high reputation … etc.
St Louis?
I think really good deal will flow without many hiccups.
Mr.H good afternoon
Absolutely walk dominate, intimidate, manipulate
NEVER SAY NEVER!!
Commercial Real Estate is in serious trouble. How would this affect multi-family apartments?
Holding strong. Inventory levels of housing is still at historic lows and with higher interest rates, apartment vacancy is at all time lows and the rental rates are staying strong.
Walk-Away
That city was California. 😮
You're awesome but always blocking th board. I take notes.😏
Democrat politics is one reason too.
Peter i liened Mosser Companies Inc. 308 Jessie st San Francisco Ca. 94103 and also at 220 Montgomery st San Francisco, Ca. 94104. i have a court ordered judicial lien / judgement against several properties. i'm creating the writ for execution for the Sheriff's Dept. instructions et cetera. I've never had any experience with commercial prorerty, i'de like some advice, consultation is it possible. Peter i liened them for 2 billion plus via affidavit and they aquiesced, thet never responded to a international law suit......12/15/22 @ 12: 57