2 January 2020 | 12 replies
LIFO means that the last tenant/unit to move into your complex would be the first one mandatory to move out (not necessarily the unit that you want).
21 August 2019 | 3 replies
I close complex financing deals for a living so a part of me wonders if I could pull this off myself, so I am looking for someone who can truly add value in the negotiation and closing process (since I found the property myself).
17 August 2019 | 0 replies
Over 5 years this would net me $7,900 assuming no rent increased, or big expense changes.My goal is to grow my portfolio as fast as possible, and eventually get into apartment complex & storage investing.
19 August 2019 | 6 replies
The lender I work with the most generally puts out terms of 12% I/O for 2 years, 4 points to him, 1 point penalty for early payoff (less than a year), plus a due diligence fee to be paid upfront (amount depends on size of the loan and complexity of the deal).
15 May 2019 | 15 replies
This brings to mind a funny story he told about a surgeon living in one of his complexes.
2 May 2019 | 3 replies
If you don't have a rich relative, the nature of this project requires a complex solution.
1 May 2019 | 13 replies
I'm assuming this isn't a large 24 unit complex.
1 May 2019 | 5 replies
There is nothing wrong with any of the units and the manager does a great job with the complex.
12 May 2019 | 13 replies
(large luxury apartment complex under construction here as well).