
8 May 2024 | 0 replies
I bought after reno but added brand new 5 Ton AC unit, dual sets of washer and dryers.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

9 May 2024 | 8 replies
@Robert Geibel That question is very subjective in a market with 10's of thousands of units.

6 May 2024 | 0 replies
They said if can get those, they would be very flexible with any other terms for the remainder of equity.Current roadblocks:However, PITI=~4300 >LTR=~3500 and entry would be high at 15-20% so likely the best exit for this would be to buy creatively, and hold until find a wrap buyer, which I am not familiar with how to quickly find.Other two best alternatives = quick pop and top flip by finishing basement + very light cosmetic rehab/upgrade OR MTR as within 15 min drive to 2 of the biggest hospitals and Atlanta GA, and close to the famous East Lake Gold club which is part of the tour.If you are familiar with structuring hybrid deals, wraps, and/or Atlanta GA markets, please reach out.

8 May 2024 | 24 replies
You can often get better deals on a 50-unit, but you will have lower operational efficiency than you might have on a 200-unit.

8 May 2024 | 9 replies
Pop the address in there and see the basic figures for other units nearby.Then go do it yourself.

9 May 2024 | 65 replies
Btw, my education got me to owning 330 rental units with many flips/developments.

8 May 2024 | 0 replies
Furthermore, understanding the resident characteristics allows me to measure the target market and modify my investment strategy accordingly.Inspection ChecklistSituations vary from one property to the next, but here is an on-site inspection checklist to get you started:Interior Units:Inspect vacant units, including one of each finish out type (Classic, Reno, etc.).Check all down units.Inspect one unit from each unit mix.Exteriors:Landscape:Look for overgrown bushes.Identify trees that need trimming (no branches hanging over the roof).Take pictures of the following:Curb appeal on all sides facing the street.Landscape around the office and amenities.Overgrown bushes or trees.Any dead landscape.Areas that may need sod or mulch.Assess drainage:Ensure water flows away from building foundations.Check slope, gutters, downspouts, surface drains, French drains, etc.Exterior Walls:Determine the existing material (wood, vinyl, Hardie, brick, stone).Assess the condition of the walls.Note if painting is required.Take pictures of each building, including building number, each elevation (clockwise), and any breezeways or niches.Windows:Evaluate the condition of existing windows.Consider whether solar screens should be installed.Roof:Identify the type of roof.Assess its condition and age.Parking Lot:Check for potholes.Assess the need for restriping.Note whether the parking lot is concrete or asphalt.Evaluate drainage issues.Walkway:Look for tripping hazards.Assess drainage issues.Foundation/Gutters:Inspect for cracks in the brick.Check for separation in corners from fascia and trim boards.Evaluate drainage and identify poor drainage areas.Amenities:Identify possible improvements.Consider adjustments or additions that can enhance amenities.Talk to the Staff:Maintenance: Inquire about the physical condition.Office: Discuss current residents, delinquency, and potential changes to add value.Assess whether rents are too high or too low.Confirm rents and what is included/not included.Confirm other sources of income and associated charges.Confirm occupancy, pre-release, and vacancy numbers.Note: Maintain professionalism and avoid insulting the owner or broker, regardless of the property's condition.Keep in mind that investing in real estate is like solving a puzzle—you need all the pieces to see the big picture.

8 May 2024 | 2 replies
Laws are different for less than 4 units and 4 and up on multifamily properties, and landlords have more control over their property for under 4 units.

8 May 2024 | 7 replies
Currently prepping a new property in Arizona for the rental market and seeking advice on planned updates:Considering upgrading laminate countertops to quartz for durability and aesthetic appeal.Freshening up interiors with a repaint.Looking for reliable washer and dryer units suitable for rentals.

6 May 2024 | 5 replies
Hi All,I'm in the market for my next multi-unit property.