Built in 1982 and renovated in 2020, the property has recently undergone extensive capital improvements.

I had talked to one particular group on a property of ours in San Antonio, but after about four or five houses and they still did not act like anything would fit then I pretty well gave up on it. 

The county is the second fastest-growing in the U.S. and the fastest in North Carolina.The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured.

Some other things to consider would be liability insurance, max occupancy in the property, staffing.Any insight would be appreciated!

The California Apartment Association (CAA) is urging Governor Gavin Newsom to veto AB 2684, a bill that could lead to expensive air conditioning mandates for rental properties.

The type (and location) matter a lot but as a general trend vacant Land sales have definitely been slowing down as of late.We have dozens of properties at a time up for sale across multiple states and we spend a healthy amount of money on our Dispo advertising.

What I do offer is a perspective of syndication versus owning the properties yourself.  

Quickbooks (for me) is not a useful tool for managing rental properties. 

I am moving the property into an LLC because that’s the only way my wife would let me take this risk.

Video tours of the properties help this.