Account Closed The same dollars that just bought a Class A 15 unit complex in Encinitas at 4% CAP considered buying a 10% CAP retail property in Encanto ... and decided their money was better spent buying the 4 CAP.  

An 8 family complex came up for sale just blocks from my house.

Do companies allow landlords to have a more hands on approach (In the interest of saving the landlord money) by letting the LL manage simpler tasks  (collecting rent, managing repairs) while the Company manages more complex tasks  (tenant screening, evictions, handling other legal stuff )?

Mostly interested in multi-family, buy and holds and recently apartment complexes have triggered my interest.

I was looking at this apartment complex and ran the numbers on BP's calculator and thought I might as well ask for your opinions on this deal.

Its complexity is what makes it so interesting. 

I am just curious, If you have no experience in property development , but have been an investor in apartment complexes , along with buying and flipping houses, could you start by buying small properties and developing them, and then the more you grow in the future, the bigger the projects you can fulfill?

In my search, I became aware of a large apartment complex that was in my area that was up for sale.  

I'm looking at purchasing a condo from a turnkey company in Indianapolis and it looks good on paper but wanted to check with you folks.Here are the numbers:Price: $65kRent: $1075 (2bd 1.5 bath)Expenses (PITI, PM, HOA): 697.8310% Vacancy, 5% Repairs, 0% CapEx (turnkey comes fully reno'd): 161.25Cashflow $215, ROI 16%Looking at the MLS, the condo complex has a dozen other properties currently listed for sale and they've all been on the market for some time now.

I am wanting to buy an apartment complex.