Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
Almost completed buying first MF properties! Now what?!?
Hi everyone. In 2 weeks we will be closing on my first deal. An off market 6 unit apartment and 6 townhome complex. So far I have my PM lined up and am working on getting a new insurance policy. What else should I be working on at this point?
Most Popular Reply

assuming you finished all your due diligence and inspections?
Shop around for utilities if you are paying for it.
Shop around for dumpsters
line up the contractors to do all maintenance requests or upgrades you need to do.
get ready to Install motion lights outside
prepare ownership change letters to tenants
copies of keys
copies of all leases (should have got in DD)
Ask the lender and title company to provide you with the final Settlement statement so you see which other costs to expect.
I'm sure there are more things, but that's what comes to mined right now.