20 Feb 3 Overlooked Items to Include in Your Multi Family Offering Memorandum
If you’re a multifamily General Partner, here are 3 overlooked things you need to include in your OM.
- The breakeven occupancy – the occupancy percentage where rental income will cover expenses.
- The job diversity breakdown of the city – I like to display this in a pie graph, showing the major employment industries of the area.
- How the property is zoned – it’s good for investors and you to know if there is further building potential on the property and if the property is currently zoned correctly.
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