Perhaps a bit premature for celebration...but after three weeks of negotiations I am pleased to say we have our first multi-family apartment complex under contract.

If you want to buy larger apartment buildings, let me know...

I am a part time agent now but when I interviewed with my current broker I told him I would start part time and I wanted to be a full time agent within 15 months.  

My ultimate goal is to buy a piece of land and develop a 25-30 multi-unit apartment complex.I have read books, attending the seminars, paid for the classes, watch the YouTube video, google things that didn’t understand which have brought me to this point of budding career as a real estate investor.As of right I looking for a few things:1) A mentor.

Why continue to invest in SFH or duplexes and why not invest in a 40 or 50 unit apartment complex?

What does everyone think of the recent rapid building of properties particularly apartments in southern Baton Rouge?

Any quality apartment near the Ualbany campus would appeal to professors as well as the large number of state employees in the area.

One of my fav clients has lived in a rent controlled SF apartment for about a decade and a half now - I'll leave you to guess how low his rent is.

Around here about $90 to $100 a square depending on finishes and complexity of design, which would include driveway, septic system, and no landscaping

Best to go into the deal with the expectation of putting up 25% down; 'Creative' financing is possible, especially on a turn around type acquisition, where the buyer may be adding value to the property through better management, renovation, tenant mix, etc.One thing to watch out for is what I call 'the great lie' of apartment sales.