I’m realizing it’s all DSCR (Debt Service Coverage Ratio). No such thing as residential 2-4 units valued by market comps vs by cap rate for commercial 5+ units. For example, with a 10-unit BRRRR partially occupied 4 units and 6 needing renovations: Each unit rents for $600/m+ x 10 units x 12 months, x .6… Continue reading It’s all DSCR. Cap-rate in Multi-family
Category: commercial
Absentee-Owned Business Acquistions for Cash-flow
In December 2021, I resigned from my full-time job at the City and cashed out my pension, to buy real estate (rentals). I wasn’t going to become a millionaire working in City government. I attempted a franchise business with roofing, but there were stringent requirements for the Arizona Registrar of Contractors for a qualifying party.… Continue reading Absentee-Owned Business Acquistions for Cash-flow
Invest with your IRA
You can now invest with ConeStreetCapital.com using your IRA, with Strata Trust, their fees are $350/yr they charge as custodian of your Self-directed IRA account. They provide IRA custodianship for alternative assets (private placements, etc). Our firm can now work with IRA investors in our private offerings. The tax-free earnings go back into your IRA… Continue reading Invest with your IRA
Assisted Living Facilities (CRE)
One of the challenges we encounter in our local markets for example in the Phoenix AZ area is that an investor cannot find high cap-rate residential properties similar to the Midwest (IN, IL, OH, etc.) That has been one concern of our investors who seek to buy locally. From searches on LoopNet it turns out… Continue reading Assisted Living Facilities (CRE)