With Touzi Capital and FTW Investments as lead sponsors, Ritvest is proud to assist with the acquisition of 171 units in Independence, Missouri. This is a value add, Class C apartment complex that will immediately begin upgrades for our tenants.
Valentine’s Day is in a month. Buy your significant other something today. Just order it. There is no such thing as the perfect gift.
There is such a thing as “thought that counts” and most of you, like me, welcome assistance in being thoughtful — your brain only holds so much, especially lately. #crushingit
Supporting your friends and network means highlighting the work of the people who constantly impress me. Each month you’ll see me applauding and highlighting someone I know’s content that resonated with me.
Have an inspiring friend or colleague? Send them my way!
Discover how investors reacted to the pandemic. Blue Lake CEO, Ellie Perlman, shares her advice. Where do you fit in? I subscribe to the theory that the best time to invest in real estate is tomorrow. Undoubtedly, your philosophy is different.
Insight from Ellie
Listen to 3 Middle-aged White Dudes
A cap rate is simply a formula. It’s the ratio of a rental property’s net operating income to its purchase price.
Cap Rate = Net Operating Income (NOI) ÷ Purchase Price.
The lower the cap rate, the lower the risk.
Disclaimer: Ritvest on the 10s is the product of Eric Ritvo and Ritvest. It is not investing advice. Heck, it is not any advice. It is stuff I put together and then lives on my website. This is barely marketing. Ritvest was founded with an abundance mentality, the ability to pick and choose and working with people we like. This is not an advertisement for anything other than connecting with me.
QUOTE OF THE MONTH: Imitation is the highest form of flattery.
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