All Forum Posts by: Jenni Moore

Thanks to each of you for replying.  This is very helpful!

Thanks - this is helpful Andrew!

How much do you typically budget for full-service property management of small (10-12 unit) multi-family properties? This may vary by location but I am interested in understanding the range. Thanks!

Thanks to all of you for your responses!!

Hi everyone, I am new to multi-family investing and have a due diligence question. Do you typically include a statement about knowledge of adverse conditions on the purchase agreement? For example, the seller would indicate that he/she is not aware of any adverse environmental conditions on the property during the seller's ownership. This would indicate no knowledge of adverse conditions but does not guarantee that there are no adverse conditions (that the seller is not aware of). A friend is currently investigating a property in which the seller is not comfortable with this statement (no knowledge of adverse environmental conditions) on the purchase agreement. The objection is that this is not a typical statement on the purchase agreement and the due diligence would uncover issues if they are present. This seems like a red flag to me... Thanks for sharing your thoughts.

Hi Evan -

I am looking into a similar situation now, and have many questions.  Please let me know if you went through with the assumable loan and how it went!

Thanks!
Jenni

@Aaron B.Great - thanks for your reply!  I will be in touch.

@Erin Donlan Thanks for the tips - just joined meet up and discovered the groups. @Craig Kantner These groups look like they will be a good resource! @Jeff Schechter and @Erik Perks I will be in touch to learn more about what you have been doing!

Thanks to each of you for the connection.  I hope we can meet in person sometime soon!

Hello,

My husband and I recently moved to the Indianapolis area, and are hoping to put together a team to help us invest in properties in Indiana.  Do any of the Indiana investors have a property manager and/or realtor they like to use?  Also, are there any networking groups around the northside of Indy?

Thank you,
Jenni

Thanks, Doron!  I appreciate the encouragement.

Jenni