Costs vary but can range from $1,000 – $3,000 per unit.Water/Sewer: This is more complex and may require approval from your local water authority.

For over 30 years, our family's real estate portfolio of 350+ units, including two large complexes (~150 units each) and various offsite properties, has been managed in-house.

The developer claims the price to double in a year as the complex is about to be ready.

I tried it in an apartment complex and it was an absolute dumpster fire and lost a lot of money.

One of the hard asset deals I was working on was opening a sports complex in Chester County, PA.

I have a complex next to mine that has over a hundred units, some do very well some dont and you can point to their decor right away as a differentiator.

Legal and Regulatory HurdlesReal estate transactions involve legal complexities that can overwhelm newcomers.Solution: Learn about legal requirements early on and seek professional advice when needed.

Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.

At one point years ago, I toyed with the idea of owning giant apartment complexes in multiple cities.

Maintenance at at PM company or one of the big hedge owners like AH4R, leasing at apartment complex will teach you a lot about applications, fraud, leases, collections, evictions.