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Why Cap Rates Don’t Tell the Whole Story in Multifamily Investing

Why Cap Rates Don’t Tell the Whole Story in Multifamily Investing

by DrJLWilliams | Apr 1, 2026 | Underwriting

Most investors think cap rates are simple math. Buy at 5%, sell at 4%, make money. Wrong.   Cap rates aren’t just numbers on a spreadsheet. They’re risk assessments disguised as percentages.   Here’s what happens when you get this wrong....
Multifamily Underwriting: Top 3 Errors and How to Avoid Them

Multifamily Underwriting: Top 3 Errors and How to Avoid Them

by DrJLWilliams | Jun 12, 2024 | Underwriting

Drawing from decades of experience and having underwritten hundreds of millions in commercial real estate deals, I’ve identified three critical errors that could either make or break your investments. By being aware of these pitfalls, you can fortify your...

Recent Posts

  • Why Your 5% Vacancy Assumption Is Wrong (And How to Fix It)
  • Why Cap Rates Don’t Tell the Whole Story in Multifamily Investing
  • The Right Way to Use Rent Comps in Multifamily Real Estate
  • What’s Making Underwriting So Time-Consuming—and How to Take Control
  • How to Identify and Manage Risk in Multifamily Real Estate Deals

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