RK#462 The 10 biggest red flags in a multifamily offering memorandum
Send us Fan Mail This episode breaks down the 10 biggest red flags to watch for in a multifamily offering memorandum (OM), emphasizing that an OM is a sales document and your job is to find what’s missing, exaggerated, or risky. It covers income-side issues like aggressive rent assumptions, “perfect” trailing 12-month income despite slipping occupancy or collections, and unrealistic rent growth projections in high-supply Sunbelt markets. On the expense side, it flags outdated expense ratios (...
