Buying, Renovating & Selling A 10 Unit Multifamily Apartment Building | Real Estate Ride Along

Join us for another episode of Real Estate Ride Along as Chris & Terrance take us on a deep dive deal analysis of this 10 unit multifamily real estate investment.

In this video, Chris & Terrance tour the property to discuss plans and tactics and wrap up with an in-depth deal analysis of this investment property.

This is how real estate investing is done!

[Real.Estate.Report]

Cash flow + Appreciation + Principal pay down + Tax benefits = The most efficient way to grow your net worth.

[icemanant]

What I love about YouTube University is that I can rewind as many times as I need and I don't have to worry about anyone getting tired of asking 🙏🏾

[brandonhawkins]

Do a video on that property you refinanced please. I would love to see what the before and after where for income and costs plus what you did with the money

[acsatc]

Can the camera man point the camera to the stuff and the areas they are talking about. For example when talking about the garbage area and stuff we did not see what they were talking about.

[Ricocase]

Good show. Are you nervous about Cares program, consumer demand in area, or potential moratoriums (e.g. CA) on multifamily rents?

7:17. Sold at 6 cap, every $100 is worth $20k = $60k profit on $11k investment?

[MoneyJourneyWithSonny]

I rent out stocks instead of buying properties, because when you are over 55 years old you don't want too much stress in your life... Great video!

[Officialerikledezma]

I always laugh at how tense these two are when they’re together 😂

[jalabi]

A reliable source of asset-backed hard money lending (not personal credit score-dependent) would be nice to learn about.

[tyjameson]

Terrance and Chris are that bomb 💣!! I love their forums !!

[betternbrown]

I would love to see a follow up on this now that Covid has king of run it’s course. See how rents have changed (if it hasn’t already been re-sold) and see a bit more of the intricacies of the property

[vpc]

What paint color did you paint the exterior?

[DenisSalins]

29:22 - Could someone help me understand how they are calculating the appreciation on the investors square? I understand that the formula is: 100* (Current Value/Purchase Price ) / Years of Ownership = 11.53% . But what are the numbers they are using to calculate the numbers in the video? Thank you ahead for your help!

[rubengonz]

What time of funding do some of you use? Hard Money? Soft Money? Appreciate any feedback

[IWBVS]

Great questions and information! keep it up! Thank you

[jakek]

How are you financing the development costs? Also, will you typically cover the carrying costs yourselves, or is that something you'll try to have an investor/lender cover?

[icemanant]

"Patience isn't sexy"
Thanks Terrance

[JeanDagobert]

I can’t wait this I get to your level!

[CliffsDad]

You can just feel the felonies being committed right now in the area.

[vonfrizzly]

This man almost put a “coffee bar” in the hood

[JohnVanderbeck]

450 sq ft? holy crap and I thought my apartment was tiny.