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May 12, 2021

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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