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We are joined this month by local real estate investor Mike Moe. Mike has been gracious enough to come and present a case study for a recently purchased multi family property as well as talk about how he finds partner(s), what he looks for in a partner, whether it be a financial partner or an active partner and how to know you found the right partner for what you are looking for.
In his case study Mike will cover:
How many units the property was
Price per door
How he found it
How he underwrote it
how you put an offer on larger multifamily properties
what his due diligence period consisted of
Was it value add and in what way
What is the strategy for the property