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Updated about 3 years ago on . Most recent reply

User Stats

35
Posts
12
Votes
Peyton Leal
  • Realtor
  • Texas
12
Votes |
35
Posts

Going Commercial in Texas!

Peyton Leal
  • Realtor
  • Texas
Posted

I wanted to ask advice on apartments, I may be taking down a 21 unit gated community coming up. Management, renovation (after leases expire?), anything else.

Our company owns a small office building and working on a larger one as well. I know it will be completely different businesses vs apt renters. 

* Also, if you are looking for apartment complexes I may end up wholesaling it. Send me a message.

Most Popular Reply

User Stats

423
Posts
398
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Luciano A.
  • Developer
  • Houston TX
398
Votes |
423
Posts
Luciano A.
  • Developer
  • Houston TX
Replied

@Peyton Leal

When taking down a 21 unit just make sure you have a padded budget because pricing from two weeks ago can be alot higher today. Also not sure what year this building was built make sure to account for new code requirements. That can get costly. 

I'm interested on any wholesale deals you might have if its 5 units or bigger.

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