Naqa Capital Management  - Capital Formation and Capital Placement

Recent Posts

ULI Real Estate Consensus Forecast A Survey of Leading Real E state Economists/Analysts
USC Casden Forecast: MF Rents Expected to Soar at Least 2 More Years
CRE’s Next Big Thing: Innovation Centers
What’s Driving Affordable Momentum?
Can Apt. Supply Meet the Coming Demand?


Help Articles
Helpful Links
Private Lenders
Private Money Wanted
powered by

My Blog

Uncover Hidden Value in Your Next Multifamily Reposition

Uncover Hidden Value in Your Next Multifamily Reposition

Use my secret weapon to find hidden value in your new multifamily
investment acquisitions.  This tool (which can also be modified for
other asset classes) will help you find the competitive engine that
drives rents and valuation.
As part of your property analysis and evaluation on any new acquisition,
spend some time comparing your property to its competition.  How
does your property compete? What are its strengths and weaknesses?  
Is there an opportunity to create value by improving its competitive
position?  What's the best way to reposition the property to increase
rents and valuation?
To help compare your property and keep the comparison focused, I have
created a tool that I use on ALL my new acquisitions and repositions.

Competitive Advantage Comparison

There are eleven (11) primary determining factors that potential apartment
rental housing customers evaluate before making a purchase decision.  
Compare your property against the competition by using the eleven (11)
purchasing factors outlined in the following rating chart.
The analysis will compare your property to the immediate trade area
competition by rating each of the eleven (11) purchasing determining
factors on a scale from 1 to 5 with 5 being the highest score.  Don’t
permit a score to go beyond one decimal point (3.5 versus 3.55).  A
rating will be assessed for each of the eleven (11) purchasing deter-
mining factors among the competing properties.  
For example, the first purchasing determining factor is curb appeal.  
Curb appeal will be rated for each property with an average rating in
the right hand column under rating on the chart.  
Compare your property with the other properties to this rating.  Is your
curb appeal better or worse than the market average for curb appeal?  
Continue this for the remaining ten purchase determining factors.
Finally, total the score of each property including your property.  Com-
pare this total score to the other comparable properties and see how
competitive your property is within its marketplace.
When you finish completing the Competitive Advantage Comparison,
you will be amazed at the opportunities you will uncover - opportunities
to improve your new property to make it more competitive so that you
can raise rents.
In some cases, you'll find the property you are comparing will be the
most competitive property in the trade area, which for a value investor,
might not offer any value creation opportunities.
But for those buying a stabilized property, you will want to buy the most
competitive property in the competition set.  This tool will help you find
that property.


  You can download the Competitive
Advantage Comparison spreadsheet as a member of the Value Hound
Academy by clicking this link:


Watch the video I made explaining the Competitive Comparison
spreadsheet, which includes an examples comparison. 
to watch
my Competitive Advantage Video.
I hope this serves you and I look forward to helping you reach for the stars!

Craig Haskell

This article has been sponsored by Mike Conlon.
Mike recently wrote a book, Unconventional Wealth.
He is offering our members a complimentary copy.
Get yours today by clicking on the banner below.


5 Comments to Uncover Hidden Value in Your Next Multifamily Reposition:

Comments RSS on Tuesday, July 08, 2014 1:19 AM
All these solar cells help you save the most floors application space or room versus alternative not one but two solar cells.
Reply to comment

best brands of watches on Tuesday, January 06, 2015 3:19 AM
Generally I do not read post on blogs, but I would like to say that this write-up very forced me to try and do it! Your writing style has been amazed me. Thanks, very nice article.
Reply to comment

rushmyessay on Thursday, December 28, 2017 4:32 AM
There are some financing companies which are providing loan to setup financial situations. We can get mortgage debt also from financing companies and can deal with real estate transactions with companies. We can take debt with reasonable rate of interest.
Reply to comment

assignment crux on Sunday, January 07, 2018 9:14 PM
It is pleasant to know about charity fundraising event that is organized by Gemma. In this event people can get donations and donations are also provided to West of England School and College. Students are also getting benefits from this event.
Reply to comment

Replik Rolex-Uhren on Thursday, July 12, 2018 5:22 PM
Ein paar hundert Pfund werden dir eine große Uhr in deiner Rechten kaufen, ohne auf eine Fälschung zurückgreifen zu müssen. Einige Seiko Uhren oder kleine Marken wie Smiths oder Precista von Timefactors haben eine riesige Fangemeinde und das zu Recht. besten Uhren uk Sie eine außergewöhnliche und dauerhafte mechanische Bewegungen und wird seit vielen Jahren dienen .
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment
Website Builder provided by  Vistaprint