I finally finished this 1st part and took notes. I'm curious about Arizona costs per unit on a average annualized basis for 100 plus units. I've heard of IREM being used as a resource to find different line item costs. Does anybody know of other resources?
Add any questions you may have for Danny here and we will get your questions answered.
Multifamily Investor Nation great information!
My friend, a syndicator in NC just sent me this link to you guys! I love it!!!!
Payroll: $1k/unit
R&M: 250/unit
Contract services (trash, pest control): 200-400
Turn key ready (move outs, paint/carpet): 150-300**
Advertising: $100-200
Admin fees (banking, collections, lawyer) $150-250
Utilities: $750-900
Property Management: 3-5%..for large units
Taxes: county exessors website calculator
Insurance: $225-$250
Asset management fee(deal syndicator fees): 2-4%
Other expenses bucket:
You guys rock the multifamily apartment game 🎉🎉
This guy is a hero. Sharp young investor! Impressive! Thank you for the video post!
This is awesome what markets are you guys buying in ?
Great content Dan
Are you guys going to have another summit?
Madeline Yau Yes it is scheduled for Jan 16-18, 2020. Go to mfinsummit.com for details
I finally finished this 1st part and took notes. I'm curious about Arizona costs per unit on a average annualized basis for 100 plus units. I've heard of IREM being used as a resource to find different line item costs. Does anybody know of other resources?
Just curious, if you see this comment it’s been over 2 years now. How have you been doing with the MultiFamily business?