"Multiply Your Returns with Multi-Family Investing" Workshop
Legacy Cascades Classroom Rm #112
6300 South Syracuse WayEnglewood, CO 80111-6720
United States
Event Details
On Saturday, September 30th, Anthony will be discussing:
- The important numbers you’ll need to collect on a building in order to calculate its current and future value
- Why you shouldn’t just believe the figures the broker or owner gives you, and how to collect the RIGHT data when they’re missing or clearly exaggerated
- How to apply a “cap rate” to the income to get the value of the property (and what that cap rate should be)
- The difference between a “pro forma” analysis (that’s what it COULD BE when the building is repositioned) and an “as is” analysis (what it is now, and what lenders are interested in)—you need to be able to do both to fully evaluate a property
- How to “speak the language” so that sellers, brokers, and lenders take you seriously (if you don’t know what DSCR, operating ratio, TIMMUR, reserves, and NOI are, you’d better be here)
- How to QUICKLY analyze a lead to see if it’s even worth following up on
Attend ICOR’s Saturday, September 30th workshop where Anthony teach you:
• Advantages & Disadvantages of Apartments
• How you actually have more control over the value of your Apartments than with SFH’s
• Lingo You Need to Know
• Key Ratios Used in Valuing Apartments
• Analyze the Numbers on Real Complexes
• Bring your own deals to analyze live in the workshop!
• And much more!
For More Information:
Our Presenter:
Colorado
Multi Family
Investor
Anthony Chara is a seasoned Real Estate investor that has investing and property management experience dating back to 1993. After 16 years working for a fortune 500 company and traveling extensively it was time for a change. Mr. Chara gave up his lucrative Area Manager position in which he managed 35 electronic technicians in 7 states and a $3M budget so he could spend less time traveling and more time creating wealth for his family. He turned to full time Real Estate investing around 2004. He has also started several service and/or education oriented companies.
Presently, he's managing member of Apartment Mentors and founder of Success Classes. He has owned or managed several successful companies during the last 20+ years. Mr. Chara owns or has owned properties in Arizona, Colorado, Florida, Georgia, Indiana, Iowa, Kansas, Louisiana, Mississippi, Nevada, Ohio, Pennsylvania, Tennessee, Texas, Belize and Paraguay.
Mr. Chara turned to Apartments full time in 2004. He’s owned, partnered and/or has syndicated over 2000 apartment units around the country since that time. These units range from 31 units in 1 complex in Pennsylvania to 410 units in 4 complexes in Indianapolis. Some of his partnerships include a 100 unit complex in Longview, TX, a 31 unit complex in Pottstown, PA, a 100 unit complex in Macon, GA, a 48 unit property in Lebanon, OH, a 60 unit complex in Burlington, IA, 9 units in a Hilton Hotel complex in Belize and Green Houses & Orange Grove lots in Paraguay.