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.
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
