Mike Taravella discusses the difference between underwriting small and large multifamily deals.
Key Information:
Management Fees: MGMT fees vary depending on the size of the deal. Smaller deals typically have higher management fees than larger properties.
Administrative Expenses: All costs associated with the back-office operations on a property: software, computers, printers etc.
Marketing Expenses: Apartments.com, Facebook marketplace, website, Zillow etc.
Pro tip “Make sure you have the right team in place”
Contact Information:
miket@randcre.com
To register to invest with us:
https://jandg.activehosted.com/f/58
Rand CRE’s Facebook: https://www.facebook.com/randcre
Rand CRE’s Linkedin: https://www.linkedin.com/company/randcre
Rand CRE’s Instagram: https://www.instagram.com/randcre
