How do you buy an apartment complex?

[Derek Morrison]

How would one go about buying an apartment complex?

[Bjorn Ahlblad]

@Derek Morrison Good question! Find one for sale, run your due diligence process, if you choose to continue, get it under contract, have it inspected, secure funding if financing, find a PM if you need one. Add all the steps YOU want to take, and make your offer. Before I did that I spent time on BP, joined the state Land Lording association, learned the stuff I felt was essential to doing PM, and most important learned how to determine how profitable a given building might be. Attended meetings, read articles, made offers, got rejected-all that and more. A year or two later I was a proud owner! A caveman can do it!