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Updated about 4 years ago,
Looking to buy my first 4 unit apartment complex
Hi all,
New to the forum. New to real estate in general. Currently (soon to be) CPA after some documents clear up. I want to invest in my money while i'm still young. That being said... I'm trying to analyze my first deal. The realtors i'm working with are great and have knowledge with this kind of purchase and property since they've owned and currently still own apartments. Most are 2004/2005 buildings. What should I be looking for? Capital expenditures I should expect or see if there is anything wrong in the building? In my area the rents run about 600-700 a month for a 2bd/2ba. Any advice is appreciated!