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10 July 2018 | 1 reply
Make your offers by actuals and not pro formas.Make regular unit inspections and let that be known up front when discussing your lease requirements.
14 October 2018 | 21 replies
When an offer is accepted take the paperwork to a title company to open escrow, put down earnest money, inspect the trio and title reports, get the professional inspections you’d like to have done, negotiate the deal if necessary from your due diligence, make sure your financing is in place, and then close on the deal at the scheduled closing time.Take the keys and then get to work.
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11 July 2018 | 3 replies
I would like to sell my property and put 100k down on my first apartment building for around 1,000,000.My question is is this a realistic goal?
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11 July 2018 | 5 replies
At the apartment complex where I worked (in CO), we replaced the carpet in the units after 5 years due to normal wear and tear.
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17 July 2018 | 1 reply
Hi All,Who do you recommend for licensed full service inspection companies?
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14 January 2020 | 1 reply
My company manages multifamily communities (100-300 units) nationwide and we would like to start performing detailed, onsite property inspections that include an interview with the onsite property managers.
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19 July 2018 | 17 replies
She didn't make any of these requests prior to her signing the contract, after the contract, she brought her sister in law, her daughter, and everyone else there was giving her advice as to how to "improve" the apartment.
11 July 2018 | 7 replies
On August 18 I am ending my lease so I can rent a room instead of an apartment to save money and pay down debt so I can be in the best position for homeownership next year.
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12 July 2018 | 14 replies
Make your offer contingent on an inspection period, and in that period, do all your due diligence to answer any questions you have on the property.
11 July 2018 | 8 replies
The first guy left without issue after the tenants realized they were going to lose their apartment; the second is tbd.When I get unauthorized tenants, I write a very short and simple letter stating that everyone has to be on the lease and pass a background check.