Can you buy apartments with no money?
Maybe, but probably not. Every time I see an ad on social media claiming to possess the secret to buying large multifamily assets (5 or more units) with no money out of pocket I have to resist the urge to comment. And on top of that, they claim you can do it with no experience. […]
Evaluating Real Estate Investments
Evaluating any real estate investment is fairly simple. Take the gross annual income, subtract expenses, consider how much the annual debt service and acquisition will cost you, and then decide if the profit leftover is worth pursuing. Next, we will break down the most common expenses you will encounter and how to underwrite these conservatively. […]