@mannyawasom: You don't wait for appreciation. You build NOI. With multifamily, you can force appreciation. These properties are valued on the income they generate. So the number you control is net operating income, or NOI. Raise rents you can prove with comps. Cut expenses that are actually waste, not deferred maintenance. Higher NOI raises value when the property is valued on income. That's what a buyer pays for. Save this for your next deal review. 🛠️ To speed up and sharpen your underwriting, check out MSA Analyzer and our other tools: 🔗 msadatainsights.com/products 🏢 See how XSITE Capital underwrites its deals: 🔗 xsitecapital.com #multifamily #underwriting #forcedappreciation #noi #valueadd