Multifamily Mondays

On today’s episode we are talking about the Is Multifamily Commercial Real Estate

Yes multifamily is commercial real estate if the property is 5 units or more. Duplexes, triplexes, and quads are looked at a residential where as unit with 5 units are more are considered commercial This category includes apartment complexes or high-rise apartment buildings. Generally, anything larger than a fourplex

If you are looking to become a passive investor on a multifamily project or would like ask me a few questions visit rjonescapitalgroup.com to schedule a complimentary 15 min call.

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Great things take time, as long as you are going after your goals, you are already successful!

On today’s episode we are talking about The 4 Classes Of Apartment Buildings

Class A

Class B

Class C

Class D

Class A

Newest and shiniest asset with modern amenities

Good Location

White collar tenants

Low cap rate (2-4%)

Good buy Preserve wealth but usually generates negative cashflow

Class B

Tenant mix of white and blue collar workers

OK location

Built within the last 20 years

Has some deferred maintenance

Cap rates (5-7%)

Good buy for appreciation

Class C

Tenant mix of blue collar workers and section 8

Building is 30 years or older

Cap rates (8_10%)

Good buy for cash flow

Class D

War zone

Building is 30 years or older

Difficult to collect rents

High crime rate

Good buy if you have a shotgun

If you are looking to become a passive investor on a multifamily project or would like ask me a few questions visit rjonescapitalgroup.com to schedule a complimentary 15 min call.

Like me on facebook @roddrickjonesofficial and follow me on instagram at @roddrickjones

On today’s episode we are talking about How To Calculate The Cap Rate On Apartment Buildings

The Cap rate is calculated by dividing the NOI Net Operating income by the sales price. You calculate The NOI by subtracting the income from the expenses. Once you subtract the income from expense you have the noi, and then you take the noi and divide it by the sales price to get the cap rate.

Cap Rate= NOI/Sales Price

If you are looking to become a passive investor on a multifamily project or would like ask me a few questions visit rjonescapitalgroup.com to schedule a complimentary 15 min call.

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This is episode 9 of multifamily Monday’s and on today’s episode we are talking about the 6 Things You Need To Know Before Making A Multifamily Offer

Income

Expenses

NOI

Mortgage

Cash flow

Cash on Cash Return

If you are looking to become a passive investor on a multifamily project or would like ask me a few questions visit rjonescapitalgroup.com to schedule a complimentary 15 min call.

And if you haven't done so yet like me on facebook @roddrickjonesofficial and follow me on instagram at @roddrickjones.

On this episode we are talking about the 4 Reasons Why You Should Invest In Apartment Buildings

1) High Cash Return

2) Equity Build Up

3) Leverage

4) Tax Benefits

f you are looking to become a passive investor on a multifamily project or would like ask me a few questions visit rjonescapitalgroup.com to schedule a complimentary 15 min call.

And if you haven't done so yet like me on facebook @roddrickjonesofficial and follow me on instagram at @roddrickjones.

On today’s episode we talk about the 4 steps To Normalizing the Numbers When underwriting Apartment Deals.

Step 1: Get The T-12 and 2 years of Financials

Step 2: Underwrite the deal line by line

Step 3: Compare the numbers

Step 4: Determine if this deal is worth pursuing

If you are looking to become a passive investor on a multifamily project or would like ask me a few questions visit rjonescapitalgroup.com to schedule a complimentary 15 min call.

If you haven't done so yet like me on Facebook @roddrickjonesofficial and follow me on Instagram at @roddrickjones.

When buy invest B-C Class multifamily properties, always buy on actual numbers (T-12, T-6, T-3) not proforma. I’m seeing a lot of people buy on proforma and theoretical numbers rather than how the asset is performing today. The numbers tell a story and so many investors are selling themselves short by not paying attention to the story of the numbers.

I am excited that you decided to join me on another episode of Multifamily Monday’s the show where we simplify multifamy investing so that anyone can understand it. On this episode we will be talking about how to find multifamily deals.

Connect with Roddrick Jones

Follow me on Instagram: @roddrickjones

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www.rjonescapitalgroup.com

In this episode You will learn the definition of an accredited investor, what it means to be an accredited investor, and how to qualify as an accredited investor?