
9 September 2016 | 4 replies
Here is a blog where I wrote about a recent 42 unit we bought and did creative things to add value. https://www.biggerpockets.com/renewsblog/bought-multi-million-dollar-apartment-complex-age-26/Just a few ways to produce ancillary income:- Laundry Coin laundryDetergent/laundry essentials in a vending machine in the common area laundry rooms.Rent individual W/D to each unit-Parking Garage parkingCovered parkingprime spot parkingJust plain old charge for parking-Renovations Interior units upgradesCommon area renovationExterior upgrades for curb appeal-Vending machines In common areas such as exercise room, pool house, laundry or leasing office-Trash pick up service In high-end buildings they have a service where you can set trash outside your door and for a fee maintenance will go around each night and collect it so the resident doesn't have to carry it to the dumpster.

11 September 2016 | 14 replies
I buy for location, and there are a few things that usually make me walk away - late last year I looked at something I was considering buying but there appeared to be a massive sinkhole developing at the driveway that was taking the slab with it - and usually those things are serious foundation problems, unsolvable/difficult to solve water issues, failing roof support system, no siding or severely damaged siding.

8 September 2016 | 7 replies
She is still within the time limits set by the lease and as for the check clearing completely that is on the banking system not the tenant.

15 January 2017 | 10 replies
I have been looking for small multi-family units and just purchased a duplex in NPR with the help of @Brandon M.

16 September 2016 | 50 replies
We are actively purchasing more rental units, looking for another mid-sized project to renovate and building better systems for the future.

9 September 2016 | 9 replies
Looking to connect with private money for multi-families.

9 September 2016 | 4 replies
Lesson learned...we purchased a SimpliSafe home security system that we can now move from project to project and has only $15 a month in monitoring fees.

9 September 2016 | 0 replies
I want to buy one of the many abandon buildings and turn it into a multi family apartment in downtown Detroit.

10 September 2016 | 5 replies
You could always use a cap system on the utilities too.