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Updated over 6 years ago on . Most recent reply

User Stats

12
Posts
9
Votes
Summer Azul
  • Flipper/Rehabber
  • Atlanta, Ga.
9
Votes |
12
Posts

Rehabbing an Apartment complex!!!

Summer Azul
  • Flipper/Rehabber
  • Atlanta, Ga.
Posted

One of my main goals in Real Estate is to acquire an apartment complex of 20-50 units. I have found several great deal on building that are in need of renovations. I am ok with the rehab aspect as well as the cost and time frame etc. My biggest concern is the rental income amount. How do I determine what the rent should be for the units? Am I able to charge more based on the upgrades that I install during the rehab? Lastly, I often times see apartments advertised for different amounts but they are within the same building... Is there a reason for the price difference?

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