In this video, Acquisitions Coordinator for The DeRosa Group, Herve Francois tells us what to do once you get that email from a Real Estate Broker! “The 5 things That We Look for When Investing in Multifamily Real Estate” video is followed with this: “How to Evaluate it.”
Herve lines up exactly what you need to do as a new Real Estate Investor to evaluate the deal you came across. This easy process will help you negate if it will cashflow or not. Herve also tell us how to dissect the OM (Offering Memorandum) about a potential property and tips to research on your own so you don’t get blindsided by the broker.
⏰ 🎬 TIME FRAMES🎬 ⏰
00:00 Five Metrics of MultiFamily Investing Part 2
00:18 What Do I Do Next?
00:35 OM. What is it?
02:30 Tips for Evaluating a Property
04:01 Websites & Comps
05:19 ProTip: Secret Shopping
07:00 Avoid this Information
08:18 Final Thought
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