If everyone’s got the same numbers why are some people paying $5M more?
This is where investors lose their discipline. Same rent roll, same debt, same interest rates but someone always overpays just to win the deal.
Here’s the truth: you can make any deal work on paper. But that doesn’t make it a good deal.
Smart investors don’t chase they calculate. We walk away when it doesn’t pencil, no matter how hot the bidding gets.
Comment #Apt and I’ll send you exactly what MC Companies looks for in an apartment deal so you can separate real value from hype.
#CashFlowIsKing #MultifamilyDiscipline #BuyOnTheNumbers
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