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26 June 2018 | 10 replies
I'd like them to have reputable experience with dealing with fix and flippers, not cost a crazy amount since I'm not going to be doing 50 flips my first year or doing any rentals yet, so it shouldnt be too complex (3-4 is my goal in an LLC), ideally a free consultation but thats not a must.
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16 June 2021 | 12 replies
This is what we did for all applicants at the apartment complex where I worked.
27 June 2018 | 9 replies
There are some groups out there doing (or claim they can do) drop and swaps but to most sponsors that's just a tangled web of complexity so you don't see this very often.4.
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16 May 2018 | 12 replies
Syndication seems to be a buzz word on these forums but there is a lot more complexity to it.
12 September 2016 | 5 replies
I am just curious, If you have no experience in property development , but have been an investor in apartment complexes , along with buying and flipping houses, could you start by buying small properties and developing them, and then the more you grow in the future, the bigger the projects you can fulfill?
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17 September 2016 | 4 replies
In my search, I became aware of a large apartment complex that was in my area that was up for sale.
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20 September 2016 | 21 replies
I'm looking at purchasing a condo from a turnkey company in Indianapolis and it looks good on paper but wanted to check with you folks.Here are the numbers:Price: $65kRent: $1075 (2bd 1.5 bath)Expenses (PITI, PM, HOA): 697.8310% Vacancy, 5% Repairs, 0% CapEx (turnkey comes fully reno'd): 161.25Cashflow $215, ROI 16%Looking at the MLS, the condo complex has a dozen other properties currently listed for sale and they've all been on the market for some time now.
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29 June 2015 | 2 replies
I found a large (32 unit) multi-family complex in Detroit for $815000 before closing costs, taxes, etc.http://www.realtor.com/realestateandhomes-detail/1...I used the analyzer on the site and one from http://www.finestexpert.com/Investment-Property/Fo... to crunch the numbers and see if I was using the tools correctly.Note: This is only for my education.
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20 July 2015 | 24 replies
Good point, but that's quite a complex way to look at it.
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21 July 2015 | 4 replies
I knew that larger apartment complexes were evaluated differently, but I didn't know that it would also be the case for, say, a simple duplex among single family homes.