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Updated about 7 years ago,

User Stats

8
Posts
2
Votes
Joe Martin
  • Investor
  • San Antonio, TX
2
Votes |
8
Posts

Multi-Family - Vacant Property San Antonio

Joe Martin
  • Investor
  • San Antonio, TX
Posted

I'm looking into buying my first apartment in my hometown of San Antonio. I have done several SFR flips and have a couple of rentals. The apartment is a 10 unit building that has been vacant for 3 years and has been vandalized. We are estimating a $120k remodel to bring it up to standards and code. Since you don't have any historical records for rent and expenses, does anyone have any recommendations on how to quantify/estimate these numbers. Thanks!! Joe

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