Tips to select highly favorable investments in an uncertain market
🔥On this Real Estate Hustlers Podcast episode with Mark has been an avid real estate investor for over 18 years and throughout his career he has been involved in sourcing, underwriting, acquiring, raising capital, rehabilitating, managing and selling both residential and commercial investments throughout multiple markets in the US.
Mark has analyzed thousands of investment opportunities and has successfully bought, renovated, sold and invested in over 120 properties with a combined value over $1.5 billion and created and managed over 65 real estate partnerships with investors.
What actionable value will you provide to our listeners?
–Initially, SMK Capital Management focused on single-family heavy value-add deals. Over time, Mark and his team expanded into other asset classes, including apartments, self-storage, mobile homes, and industrial properties.
–Mark shared a compelling story about a duplex in Florida that caught fire. Despite the initial setback, they managed to turn the situation around by hiring a private claims adjuster, which resulted in a 70% higher insurance payout than expected.
–One of their recent investments is an apartment deal south of Dallas, Texas. The property offers a 50% property tax exemption and an assumable loan with a fixed interest rate of 3.57%. The business plan involves renovating the units to increase revenue, making it a promising investment.
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Key Points From This Episode:
1.Mark outlined the key metrics they look for when underwriting deals, such as debt service coverage ratio, operating expense ratios, and the spread between cap rates and borrowing rates.
2.One of their recent investments is an apartment deal south of Dallas, Texas. The property offers a 50% property tax exemption and an assumable loan with a fixed interest rate of 3.57%
3.The business plan involves renovating the units to increase revenue, making it a promising investment.
About Mark
On this Real Estate Hustlers Podcast episode with Mark has been an avid real estate investor for over 18 years and throughout his career he has been involved in sourcing, underwriting, acquiring, raising capital, rehabilitating, managing and selling both residential and commercial investments throughout multiple markets in the US.
Mark has analyzed thousands of investment opportunities and has successfully bought, renovated, sold and invested in over 120 properties with a combined value over $1.5 billion and created and managed over 65 real estate partnerships with investors.
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Mark Khuri
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