Stories: 2Year Built: 1984Lot Size: 6.14 ACAPN / Parcel ID: 3-29-00-058.02Last Verified: 3/18/2016 Highlights Over $250,000 Invested in Capital Improvements in the Past 24 MonthsSeveral Units Completely Rehabed with several HVAC/Appliances replacedUpside through Rent Increase to market rate, Improved Management & adding new unitsWell below Replacement CostCash on Cash Return : 25.31% (I do not know how they are getting this number)Internal Rate of Return (IRR) : 23.22% (I also don't know how they got this number)DescriptionValue add opportunity for a new owner. 36-unit, garden-style apartment community built in 1984, the property contains 5 two-story and 1 one-story buildings encompassing wood exteriors and pitched roofs.

He works with Real Estate professionals and offers full service such as bookkeeping, tax filing and preparation, and etc.

I am looking into a neighborhood that is improving, with decent schools and rental demands.Shoshana

Just call them and ask if they are too busy to handle all the work and offer your services.

We would hold ownership of the units and service them when needed. 

How much electrical service does each unit have?

I own a small construction company where I provide all types of services but am focusing on flips right now.

Not only will the bank give you a hard time about the knob and tube but you will also have a tough time with Insurance companies. a new 200 amp service will probably run you about $2- 2400, rewiring the house, sheetrock, spackle and paint will probably run you another $4-5000, depending on how much has to be opened up and fixed.

Hi,Our wholesale company is looking for an investor friendly broker to form a partnership with.More or less you'll be listing the investment homes on MLS - We grab off market properties and bring directly to you for listing.I realize there are several companies who provide exactly this service.

This is what you can do , leverage that 500k windfall that you now have , look at getting 3 duplexes in the 550k range, put 25% down on each , a mortgage of approx. 400k won't be unmanageable , hopefully after debt servicing and operating expenses, your net should be about 1k on each , and if you can manage these yourself maybe you can maximize your return.