6 January 2022 | 6 replies
Dealing with the city government sucks, the crime sucks, the courts suck - but the cashflow can be tremendous.
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5 January 2022 | 3 replies
All markets you list will still be cities with populations forever, and your exit will be to a resident in that market, so population growth/decline, employment drivers, etc are of less concern relative to a large, institutional sized apartment complex.
5 January 2022 | 2 replies
I have been reading that in order to contact a tenants previous landlord, especially when it involves reaching out to a large property management company/apartment complexes that they will sometimes ask for a tenant release of information consent form.
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6 January 2022 | 5 replies
I filed for eviction in March 2020, but the courts are so backed up.
6 January 2022 | 2 replies
Figure out how much time it will take for each visit, the complexity of what you're asking them to do, then negotiate something you both think is fair.
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5 January 2022 | 2 replies
All modern furnaces have more repairs because of the complexity involved in safety and efficiency.I have proactively replaced 40 year old HVAC systems, because it always seems they go out in the cold of winter or heat of summer - at the worst time!
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5 January 2022 | 8 replies
Me personally I have apartment complexes and am attempting to refinance as much as I can!!
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5 January 2022 | 0 replies
$768,099 tax savings in the first yearIf a Cost Segregation Study had not been performed on this $2.4 Million Apartment Complex located in Denver, Colorado, would have had first year depreciation of approximately $89,000.
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5 January 2022 | 1 reply
The re-zoning is being considered because a developer would like to build a 60 unit low income (subsidized) apartment complex in the parking lot.
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5 January 2022 | 2 replies
@Ari Dehbone here are the areas in SoCal that allow for Non-Owner Occupied short-term rentals (NOO STRs for short):Palm Springs: 36 total stays/yrFullerton (near Disney Land)Laguna Beach (non-residential zones)Huntington Beach (Sunset Beach area as long as you apply before 3/1/22)Santa Barbara: Inland (NOO in commercial zones and STR-Coastal Zone Historic Overlay Zone), Coastal (NOO unregulated, but court ruling allows for it)Joshua TreeMalibuBig Bear Lake (92315 zip code)Newport Beach (R-1.5, R-2 or RM Zones)You'll have to do your research on specific properties for cap rates and cash flow, but these are the areas I would look in.