All Forum Posts by: Tyler Moore

Tremendous opportunity to buy a package or individual flip homes in the Augusta area. The market is hot and deals are flying. Will sell together or separate.

3625 Monmouth Rd

2876 Conniston Dr

3448 Morgan Rd

2816 Butler Manor Dr

3787 Clanton Rd

Call Caleb at 706 825 5086 or message my inbox for further information.

@Jay Helms

We are currently dealing with an identical situation with a 28 unit we purchased at the beginning of January this year. The area had quite a few trees around it, which gave tenants a little more "cover" than we deemed necessary. So we have cleared all the trees so you have a clear view of the property from the road. We have installed LED lights beside each door, which floods into the commons areas very well. The previous owner had a 60 watt bulb by each door... As we installed the new fixtures the old tenants were asking when they could get their new LEDs out of excitement. That was not something that we originally anticipated, but a welcome outcome. We are putting a perimeter fence around the property to prevent unnecessary "flow through" New name, new signs, new interior renovations on all vacant units. We have thought about having the local police department put a new officer in at a discounted rate, but we're still on the fence about that. If that is a route you decide to go and have feedback please let me know, and I'll do the same for you. I look forward to seeing how your complex progresses and wish you the best of luck!

@Omar Khan  Thanks for the feedback.

We are going ahead with re striping the parking lot and rebranding with new signage. We are also building enclosures around each of the three dumpsters for appearance purposes.  As we update the units we are pushing to get medical students in the properties. One nice thing about the property is that an additional entry way is at the top of the property, and literally a straight two minute shot to the hospital. The building near that entrance has a combination of tenants we want out, and a few that we will offer relocation to in the other vacant units on the property. I think it will be easier and more cost effective to renovate that entire building at one time, and market all new updated units at the higher price point.

@Christopher Makestas  interesting perspective. My original thought was it would give new and existing tenants more peace of mind, and comfort in seeing new ownership come in and address those issues that have been neglected over the past few years. I'll certainly continue to evaluate those options going forward. 

We recently closed a deal on a 28 unit apartment complex, and would like to know if anyone has any suggestions on types of LED lighting to really illuminate the parking lots and commons areas around the property. There's an old saying the light deters two things, crime and cockroaches, and we would like to ensure both occur. Thanks in advance.

@Jason Cohen Thanks for the response. The big upside to this property, and a major part of our reason for investing in it is that it is within 3 miles of major medical complexes that employee over 10,000 people, and are continuing to expand their reach in the area. It's 5 miles from an $85 million cyber center that is currently under construction, and will also be bringing significant growth to the area. Obviously, this has fueled a good number of investors and flippers to take over what are currently less than desirable areas, and rehab them. This was an off market deal that came to fruition after a "bump into" meeting with a very large investor in our area. We are trying to upgrade the property in ways that tenants can't undo, so your suggestion of landscaping is another thing we had in mind. I'll try to post pictures soon to help give you an idea of what we're working with.

Thanks again

We are closing on a 28 unit property next week in a C to C- area. Our first priorities are to make the outside have a safer appearance for better curb appeal. Initial thoughts are removing trees to give the parking lot a more open appearance, and installing LED lights to light the parking lot up substantially more than it is. Other thoughts are perimeter fencing, and possible surveillance cameras. We are welcoming any additional ideas the BP community has, especially looking for people that already have experience in this situation. Thanks in advance!

So my partner and I are fortunate enough to be able to sit down today with one of the most successful real estate investors in our area, Augusta, Ga. He has over 54 years of experience in real estate, owns hundreds of properties, and manages hundreds more. Aside from the general questions I wanted to know if fellow BP members had any suggestions for questions we should ask him to be able to maximize our time with him. Any suggestions would be greatly appreciated. Thanks