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12 September 2024 | 28 replies
I've not looked at what I could get for rent ahead of time, like you have, but it's a large apartment with 1 bedroom, 2 other rooms (office plus bonus room, etc) plus a brand new open concept kitchen, with its own separate entrance and garage access.
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8 September 2024 | 15 replies
It's also something that you can actually visit an office and see real people.
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8 September 2024 | 31 replies
Had you personally visited these properties prior to making your offers?
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9 September 2024 | 5 replies
You're already ahead of the curve.
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10 September 2024 | 13 replies
With your wife’s connections there, you’ll also have a head start in building a local network.Beyond Orlando, consider expanding your search to areas like Ocala and Sebring.
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8 September 2024 | 13 replies
And to Nicholas's point about making visits: the lower end the area, the more I would want to visit.
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6 September 2024 | 13 replies
Just a heads up.So you calculated out you need $6 million worth of apartments to hit your goal.A commercial loan may require 20% to 30% down in cash, cash reserves, working capital, and closing costs.You will also need earnest money cash.The lender may also require certain repairs to be done Shortly after the loan is made.The lender may also require the Property to be stabilized as far as occupancy percentage is concerned, leaving little on the bone as far as sweat equity.Good Luck!
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8 September 2024 | 13 replies
As for properties in NC, it's up to you whether or not you want to visit.
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9 September 2024 | 14 replies
It could look like you were attempting to take out profit ahead of a 1031 exchange.
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6 September 2024 | 2 replies
Would it be braindead to turn them into tenants or should we go ahead and evict them?