An example where this could be used is if you have not increased rent on a 1 bedroom apartment (presumably because of local rent control)  and they are currently paying $500, you could petition to raise the rent to the FMV which would be (hypothetically) $1,500.You would have to talk to the RAP board to get more details about how they determine FMV.

Purchase price: $1,300,000 Cash invested: $260,000 25 unit apartment complex What made you interested in investing in this type of deal?

Hello all, just made my account here on the site to get some advice. This is the messiest deal and worst real estate agent I've ever had the displeasure of doing business with. Please feel free to skip the details and...

The credit check is likely pointless if the corporation is paying the rent, but it is an apartment building so I feel like everyone in the building should have gone through the background check.4.

Glad to be a part of this community.

I'm excited to be a part of this community and would love to connect with others in the CT area.

I am an Limited partner of 5 Apartment syndications.

If someone new got into the industry as a part time agent,  what would you focus on?

I have targeted Houston Texas ( Harris county), but the competition is extra ordinary.

Thanks Samuel, So far I like the platform so glad I found it and am now a part of it.