here in Canada, we are seeing increasing office tower vacancies due to WFH patterns set in. Large offices are shrinking their footprint. On the other hand, there is a shortage of housing supply. This creates the opportunity to convert older office buildings into residential ones. Do you have any thoughts on analyzing deals for this conversion potential, which variables can make this risky or profitable? There may be acquisition opportunities for such non-performing assets in the near future.
Love your videos and modelling classes Justin, keep up the great work. Quick question on IRR v. CoC......IRR obviously needs a future disposition in order to yield a useful metric. If you plug a very large hold period into the models, unlevered return becomes negative. Would you just use something like Stabilized Yield on Cost to assess the value of a deal in this situation or is there a better metric for properties with a long-term hold?
Great stuff, you've been really helpful with your rich educational materials in the past few years. Real estate is really addictive once you click with what needs be known. Thanks!
Even in an unlevered basis, cap rates are based on the purchase price and don't take into account any closing costs, fees, etc; and in the operations side don't take into account any capital improvements and cash reserves, while cash on cash do. Excellent video, Justin.
Would you be able to make a video on a career as an appraiser/ valuation and advisory analyst? What’s the job like? How does it differ from careers in development, acquisitions, sales, etc? Compensation? Work/life balance? MAI designation?
Hi Justin, thanks for this video! Loved it. How can I get on a call with you for mentorship purposes? If I pay the $99/month, does that get me a 30 minute call with you? Please let me know as I am going through a very serious interview. Thanks.
My head hurts... 🤣. Anyway you can dumb it down a bit?... like actually. I'm currently in the research phase of my STR journey. I've been looking all over YT for 2022/2023 videos utilizing AirDNA or Mashvisor to purchase a property, but it's been hard to find a good video explaining daily rates, cap rates, ROI, cash on cash, etc. and how they correlate to one another; limitations and other things to consider. I've seen IRR thrown around, but it's been difficult to wrap my head around how this correlates to the aforementioned- a very steep learning curve. I'm requesting a simplified version of an in-depth review of AirDNA and/or Mashvisor!!
What other topics would you like to see covered on the channel in 2023?
here in Canada, we are seeing increasing office tower vacancies due to WFH patterns set in. Large offices are shrinking their footprint. On the other hand, there is a shortage of housing supply. This creates the opportunity to convert older office buildings into residential ones. Do you have any thoughts on analyzing deals for this conversion potential, which variables can make this risky or profitable? There may be acquisition opportunities for such non-performing assets in the near future.
@@pankajnalavde Great potential topic - thank you!
Thank you Austin for the cogent, crisp and clear explanations as always
Great video Justin. Loan constants are often overlooked.
You are amazingly smart with such a complex topics! Thank you for your videos.
Book recommendations!
Some of mine are
Cash Flow and 36 other metrics
Multi family Millions
4 hour work week
Military House Hacking
Love it - thanks!
This is one of the best videos about CoC. Thank you!
Love your videos and modelling classes Justin, keep up the great work. Quick question on IRR v. CoC......IRR obviously needs a future disposition in order to yield a useful metric. If you plug a very large hold period into the models, unlevered return becomes negative. Would you just use something like Stabilized Yield on Cost to assess the value of a deal in this situation or is there a better metric for properties with a long-term hold?
Can you Do more explanations of key metrics please 🙏
Great feedback - thank you!
Awesome. Thanks again. Learning a lot from the courses too.
Great stuff, you've been really helpful with your rich educational materials in the past few years. Real estate is really addictive once you click with what needs be known. Thanks!
What’s difference between Loan Constant and All-In Rate? Is it debt service based on amortized (P&I) vs. interest-only?
Even in an unlevered basis, cap rates are based on the purchase price and don't take into account any closing costs, fees, etc; and in the operations side don't take into account any capital improvements and cash reserves, while cash on cash do. Excellent video, Justin.
Thank you for your continued support, David! Happy New Year!
what is the difference between EM and CoC?
Great stuff Justin! Any thoughts on a hotel proforma or a theme park proforma to keep things spicy?
Ha! I love the theme park idea - nothing planned for either at the moment, but very helpful feedback. Thanks!
For the number one example were you referring to the deal or market cap rate?
Would you be able to make a video on a career as an appraiser/ valuation and advisory analyst? What’s the job like? How does it differ from careers in development, acquisitions, sales, etc? Compensation? Work/life balance? MAI designation?
Amazing Justin!
Great video. Is that possible to share that excel document? 😊
Is there anyway we can get that calculator?!!:)
Thanks brother love the videos
Hi Justin, thanks for this video! Loved it. How can I get on a call with you for mentorship purposes? If I pay the $99/month, does that get me a 30 minute call with you? Please let me know as I am going through a very serious interview. Thanks.
IRR details I had been using it wrong.
My head hurts... 🤣. Anyway you can dumb it down a bit?... like actually. I'm currently in the research phase of my STR journey. I've been looking all over YT for 2022/2023 videos utilizing AirDNA or Mashvisor to purchase a property, but it's been hard to find a good video explaining daily rates, cap rates, ROI, cash on cash, etc. and how they correlate to one another; limitations and other things to consider. I've seen IRR thrown around, but it's been difficult to wrap my head around how this correlates to the aforementioned- a very steep learning curve. I'm requesting a simplified version of an in-depth review of AirDNA and/or Mashvisor!!