Awesome information! Never factored in a higher vacancy and maintenance rate when analyzing. That was eye opening. The calculator offered on your website is also great. Thank you !!!
Minute 12:00 Why do you guys say that 1-4 units has a lower maintenance than 5+ units? The more units you have the lower the maintenance, like roof, elevator, etc?
Hi Jelle, that is a great question and observation. Yes with more units in a building its possible to have economies of scale, but you also have to factor in additional expenses with larger apartment buildings such as on-site manager, elevator as you said, on-site laundry, vending machines, security, landscaping, and many more add-ons and costs that you don't have with 1-4 unit multi-family dwellings. Hope that makes sense, thanks! -Scott
I really appreciate that Thomas, and if you would like to see our entire catalog of recorded videos on RE investing we have them all on our website to view for free at: www.marshallreddick.com/learn. You can also reach out to us at any time, we provide free consulting. - Scott
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Awesome information! Never factored in a higher vacancy and maintenance rate when analyzing. That was eye opening. The calculator offered on your website is also great. Thank you !!!
Perfectly summarized with no ranting or non-useful information. Thank you.
Minute 12:00
Why do you guys say that 1-4 units has a lower maintenance than 5+ units? The more units you have the lower the maintenance, like roof, elevator, etc?
Hi Jelle, that is a great question and observation. Yes with more units in a building its possible to have economies of scale, but you also have to factor in additional expenses with larger apartment buildings such as on-site manager, elevator as you said, on-site laundry, vending machines, security, landscaping, and many more add-ons and costs that you don't have with 1-4 unit multi-family dwellings. Hope that makes sense, thanks! -Scott
Great Job!!. I've been reaching Real Estate for months and haven't found anything as informational as your video.
I really appreciate that Thomas, and if you would like to see our entire catalog of recorded videos on RE investing we have them all on our website to view for free at: www.marshallreddick.com/learn. You can also reach out to us at any time, we provide free consulting. - Scott
very good info. I recommend people take the time to check this out.
What do I need to ask about a property before I buy it? Either our realtor or the owner.
So thorough great detail! I just subscribed 👌
wow, this is exactly the level of teaching I've been looking for. Thank you!
I like the contents & the way it is presented. Excellent. I am not in the USA but I think that I can use the same concept in my home country.
Great information, using the online sites to assist with analyzing properties gave me ideas that I will use. Thank you!
Awesome, you're welcome Shawn!
organization and content are spot on!
Thank you Edward!
Very informative! !! Thank you so much for teaching us this valuable information! I REALLY APPRECIATE it!
Thank you sir for sharing your knowledge with us
would you say this is applicable to other countries?
Very hard to say, since I am not familiar with the laws and zoning rights in other countries. What country are you looking at investing in?
Singapore