Since the beginning of the 20th century we have had 1 depression, and 2 housing collapses, and those housing collapses were 75 years apart. 

So, I've got to rehab my first apartment unit.

Ive had rents drop on a couple of my properties in outlying areas because of an apartment building that was built not too far from my properties

I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to buy this property at a price that is about 60% higher and around 10.8X trailing 12 months gross rental income or 9.7X gross income projected over the next 12 months.They plan to renovate the units and increase gross rental income by 11-13% in each of the next two years and then level off at 3% annual rental growth thereafter.

I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to buy this property at a price that is about 60% higher and around 10.8X trailing 12 months gross rental income or 9.7X gross income projected over the next 12 months.They plan to renovate the units and increase gross rental income by 11-13% in each of the next two years and then level off at 3% annual rental growth thereafter.

Get a VERY thorough inspection of the building done to estimate future repairs. 

It’s not only note investing but I see a lot of posts on here and some of my favorites are:1. what book should I read to buy a 100 unit apartment building” when they have never been a landlord 2. how do I subdivide and develop a parcel of land and how much should I budget when they have never owned anything. 3.what should I do with my $100k. 4.

I am a new real estate agent selling a Multi Family Apartment Complex for my first client.

They also still had to pay their last months rent at their old apartment. 

Pual,We as a Nationwide Non Recourse lender require as a part of our underwriting terms that the IRALLC (or any SDIRA that is borrowing funds to purchase rental real estate) have and keep at least 15% of the loan balance liquid in the IRALLC for as long as the IRALLC has a non recourse loan in place.