Rents are going up in apartment buildings and complexes, but house rents are going to have to stay high to cover mortgages.

This complex is to be known as DestiNY USA, and plans for it were first made public in April 2000.

For example, a $100 apartment complex generates $6 commission upon sale, $3 of which goes to the buyers agent?

Some general facts to consider about me: 1) Age: 25 2) Located in Houston, TX 3) Current net worth: $173,000 4) Debt: Primary Mortgage, no credit card debt 5) Income: Salary from work is $63,000 plus $1,500 a month in rent that I am currently getting from friends on a 3 bedroom condominium. 6) Liquid assets: about $15,000 worth of gold and silver at today's market price, $62,000 in liquid stocks that are not in a 401k or IRA.

IREM does this but for larger apartment complexes.

If I were in Johns position I would buy an apartment complex and live in one unit, manage,improve every unit over time, refi, and party

I went from single family homes to a 168-unit apt complex.

Of the other 60%, about half get sold to a retail buyer and we collect a small referral fee and the other half end up getting foreclosed on.So, the math gets a bit more complex than just responses and conversions.I'm guessing that you'd also likely find different profit levels from these two example groups above (absentee owners and short sale candidates), not to mention variation based on location, types of property, amount of rehab, exit strategy, etc.And that doesn't even touch on the other target groups you might mail to (homeowners with equity, NOD, purchasing redemption rights, etc).So, yes, using statistical averages to determine how many letters to send and how much you should expect to make from a particular mailing (or set of mailings) is a great thing.

You collect the fee, they step into your shoes and become the buyer on the original contract.In a more complex transaction, you "double close".

I am currently living in an apartment complex/house (not sure how to refer to it) that is situated like a dorm.