Small vs. Large Multifamily Underwriting with Mike Taravella.

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

 

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 About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino here --> https://jakeandgino.com.

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