tag:blogger.com,1999:blog-21846828.post3145071842093386716..comments2024-01-14T16:01:08.962-08:00Comments on The Rational Realist: More Entries Into Home RentalRational Realisthttp://www.blogger.com/profile/08886526093283532105noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-21846828.post-78118987102601878632013-05-22T03:50:28.095-07:002013-05-22T03:50:28.095-07:00Good - I should certainly say I'm impressed wi...Good - I should certainly say I'm impressed with your site. I had no trouble navigating through all tabs as well as related information. The site ended up being truly simple to access. Excellent job.<br />Yishun new condohttp://www.sgnewproperty.com.sg/noreply@blogger.comtag:blogger.com,1999:blog-21846828.post-30436231626075554952013-03-11T00:22:28.429-07:002013-03-11T00:22:28.429-07:00Thanks for contributing your important time to pos...Thanks for contributing your important time to post such an interesting & useful collection.It would be knowledgeable & resources are always of great need to everyone. Please keep continue sharing.<br />REShttp://www.pioneertraining.org/noreply@blogger.comtag:blogger.com,1999:blog-21846828.post-90895240204771960332012-05-17T18:06:55.015-07:002012-05-17T18:06:55.015-07:00The use of cap rates in articles like this is hard...The use of cap rates in articles like this is hard to determine. The all-in cap rates are probably lower than 8% - 9%, and closer to 6% - 7%, after leasing and improvement costs. Entry level housing is best, much more of a commodity and improvement and carrying costs are lower. Leverage works both ways, if Colony can get some of that 5% money it boosts total returns.Rational Realisthttps://www.blogger.com/profile/08886526093283532105noreply@blogger.comtag:blogger.com,1999:blog-21846828.post-66316915443039840042012-05-17T14:12:43.764-07:002012-05-17T14:12:43.764-07:00It is hard for me to see how they can buy at an 8-...It is hard for me to see how they can buy at an 8-9% cap if they are realistic about maintenance and management costs. Colony will probably scrape off an asset management fee for all the value they are bringing to the table by joining this increasingly crowded space. They are certainly going to have vacancy and fix up costs related to re-letting if they are planning on holding this stuff.<br /><br />Additionally, I doubt this model works at 8-9% cap rates for anything other than entry level housing, so they are competing with small mom and pop investors or 1st time buyers who can buy with 5.5-6% money (which includes the amortization of principal).Anonymousnoreply@blogger.com