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11 July 2018 | 5 replies
Find a 10 or more door apartment complex and get it financed with an equity partner where the equity partner pays all closing costs say 15% equity to them.
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12 July 2018 | 8 replies
We are actually looking at a property now that has a single family house and 3 apartments on it.
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11 July 2018 | 3 replies
I have a duplex under contract & during our inspection period we found replacing the two ac units would be much more expensive than expected.
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11 July 2018 | 0 replies
What is the best way to get updated on 20+ unit apartment complexes hitting the central Texas market?
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11 July 2018 | 2 replies
I’m currently in an apartment and won’t be able to move for a few months, but will definitely utilize house hacking once I move!
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12 July 2018 | 5 replies
I'm taking pains to avoid shiny object syndrome, though I see a long term future in apartment/multifamily and/or commercial.
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15 July 2018 | 1 reply
Hi Bowman, it seems to me that your biggest disadvantage will come from the lack of knowledge about what is feasible in the market you are in, because I think that should largely affect what your acquisition strategy is.For example you may want to buy something that cashflows but if you are in a rapidly appreciating market like we are in right now in the Twin Cities, you will have a hard time finding something to get excited about and will need to target different asset types or adjust to find another way to get your money to work for you.In this market your advantages aren't particularly helpful as there is so much money chasing deals, that the ability to qualify for financing doesn't really set you apart.
17 July 2018 | 12 replies
I hired a part time bookkeeper to keep the books up to date.
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1 August 2018 | 6 replies
I have used sites like zillow, realtor.com, and craigslist as a reference but prefer something that lists past rental listings as well.I've considered rentometer but know its based on average/median rents so a lot of apartment complexes are included when I am more interested in SF homes and duplex rental rates.Thanks!
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15 July 2018 | 2 replies
I now have three tenants that have broken their leases and vacated their apartments leaving me with approximately $5K in uncollected rents.