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12 May 2024 | 5 replies
I know your post was about direct to seller, but in the multifamily space, if you're looking to purchase bigger deals, anything 100+ units, it's more challenging direct to seller.I would start with sites like Crexi to aggregate data in a specific market, and target what you're trying to buy. # units, time left on debt, how many years held, whatever you're focusing on.We've also had some success using wholesalers to bring us deals.
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13 May 2024 | 7 replies
Purchase price $500,000Property is 10 unit apartment building net rents ~$96,000 annual and NOI ~$57,000 which is accurate from 2023 proforma.
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13 May 2024 | 12 replies
The second is an 8 unit and cash flow and management were too poor starting out to finance it.
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12 May 2024 | 3 replies
Is anyone developing small commercial units?
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13 May 2024 | 6 replies
The fact that they accepted the unit with the tree should be enough.
14 May 2024 | 22 replies
I recently completed the Multi Family bootcamp where for multiple units, property management is especially important.
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12 May 2024 | 1 reply
I'm finding that Turbotenant has given me tenants for my apartment units.
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9 May 2024 | 4 replies
Any liability I can avoid by having them install their own units?
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13 May 2024 | 13 replies
It will be less this year because of the time it took to get the units on the market.
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12 May 2024 | 6 replies
Assume it has one furnace for both units?