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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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