The one we have isn't as fancy and it cost over $600 10 years ago.What is really nice about this one is the heating jet.

And Even though a guy like Montalongo took a ton of heat he also advised his clients to buy in Vegas and Orlando post crash ( I funded 300 plus deals for those students) and none of my loans were over about 100k each those assets have doubled and tripled just on appreciation but no one mentions that..

Jared,Usually its the other way around you move from Chicago to Miami get out of the cold to get into the heat.

Otherwise contract a service for the season that will automatically take care of for every snowfall.4) YES you need to heat them!

If you have zero vacancies, zero tenant damage, make sure utilities (especially heat) stay on every winter even if the tenant doesn’t pay.  

Nothing spells trouble more than one unit having the heating/AC controls for BOTH units.This property is in Denver County.

Quote from @Account Closed: Hey guys,I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.Budget for everything 3MDone with cash + 6% line of creditLooking for long term holdI would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.ThanksIf you're looking to develop a 15-20 unit multifamily building with a $3M budget between Miami and Jupiter, there are a few key things to consider:Land Budget: Aim to keep land costs around 10% of your total budget.

I needed $35,000 for a new heating system so the bank gave me $28,000 (80%) in a business loan for 60 months which has no prepayment penalty.

For what it’s worth, Montgomery’s vacancy rate is lower than that of Miami’s, which sits at 12.65%.

Real Estate Agent from Miami Beach, FL - replied 5 years ago MichelleWalker Real EstateProfessional from Chicago, Illinois - replied over 5years ago  andMarkHoopes - replied almost 2 years agoIt appears that you folks have used Jerry Norton's program and you have provided detailed, very helpful commentary here on BP.