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27 February 2018 | 2 replies
Hello I purchased a 24 unit apartment complex.
27 February 2018 | 6 replies
I would understand and offer an early termination clause if this was a yuppie area condo, university type apartment, or really any rental $2000 and under.
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1 March 2018 | 7 replies
Hello BP:I’ve been approached by a professional who would like to lease one of my apartments and utilize it for AirBnB.
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28 February 2018 | 10 replies
So don't take the $1050 number as gospel.2) Even with #1 in mind, that range is just the average of ALL houses/apartments in that area.
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29 March 2018 | 9 replies
Most "trash collection services" look pretty heavy duty for my puny apartment building.
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18 March 2018 | 6 replies
(Which kills my numbers.)The T12 numbers were iffy even though the building is 100% occupied currently and future proformas looked good.There is a new construction happening nearby - 335 unit large apartment complex coming online in Aug 2018.Nobody said out-of-state investing was easy, LOL.
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18 December 2018 | 20 replies
I will say I was pretty serious when I started looking for apartment complexes but this happened FAST, I got a call the next Tuesday that an offer was coming in that night from a group in Kansas City and I need to submit something or risk losing the deal.
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5 March 2018 | 20 replies
I will be purchasing my first commercial real estate muti-family apartment building.
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1 March 2018 | 5 replies
We have a tenant who has a puppy, even though her lease says no pets. She is claiming it is a service dog in training. The Scottsdale library doesn't allow "service dogs" who pee and poop where they shouldn't. I do...
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2 March 2018 | 9 replies
@Justin R.Can’t say I’ve had to deal with it personally but gifting or selling a part of a property comes with several implications: how to take title, right of lender to call the loan, right to partition, gift tax, property tax reassessment, capital gains, etc.Also, I’m not sure how accurate that link you attached is with regard to the current law but your 2 bullet summary above seems to leave out some other options.