Ron Boling
Raising Capital for 21 Condo Flip - Help me analyze this deal
5 September 2019 | 2 replies
$500/unit selling/buyer credits/closing costsWe have no idea of values there, but no complex here worth only $40k/unit would sell for $100k/unit as condos, even with extensive rehab.
Joshua D.
I like sfh's more then apartments. Am i crazy?
8 September 2019 | 44 replies
Tenants and vacancy are the hardest part of this business.Of course larger apartment complex give you true scale.
Ryan Pettit
Multifamily Deal Analysis - Would You Buy?
9 September 2019 | 3 replies
16 Unit Class C Apartment Complex-Purchase Price around $600k in Texas-Located in a decent city but not the best area of town-Rents are below market by $100/unit but may need slight flooring upgrades to get there-All units full-no known deferred maintenance -NOI if I self-manage = $70,000Cap Rate around 12%...could be 15% if I get the raised rents over time.
Hailey Brown
Complex 1031 company mistake
13 September 2019 | 16 replies
Hi all - I have a question that is most likely for tax specialist's and attorneys, but I thought I would see if anyone here has any insight. I sold a property with a partner and we put the money into a 1031 and bought...
John Mainwaring
Driving for dollars target owned by local broker
9 September 2019 | 3 replies
I was making my rounds the other day and found a lovely complex with about 20 units on a dead end street.
Elad Inbar
Is it wise to buy 1/3 of a 100 doors property? (mgmt priorities)
11 September 2019 | 9 replies
If you are having reservations about the complexities this deal then a future buyer will have the same.
Monica Kennedy
Property Manager recommendations for apartment in Pensacola, FL
12 September 2019 | 4 replies
Hello, I’m currently looking analyzing two 8 unit apartment complex deals each in Pensacola, FL and Panama City, FL.
Kyle Root
Tips/Tricks in investing in Apartment Complexs
10 September 2019 | 0 replies
I started investing back in April of 2019 & I have 1 duplex and should be closing on a single family home going for my first BRRRR deal. As I continue to look for deals and learn more about the RE market (Midwest ...
Bryan Terry
Buying both sides of a twin home require two mortgages?
16 September 2019 | 13 replies
Just as you would need 2 loans to buy 2 condos that are in the same complex, even if they were right next door, you would need 2 loans in this scenario.Owner financing or a loan from a friend is a different story; you can make any terms you want.
Raul Sorto
Advice for a 21 year old
11 September 2019 | 1 reply
(Not really a market I target) It is a section 8 rental where the tenant is paying him $200 and $850 from the state ($1,050 total)$230 in Hoa, he purchased it for $137k and is asking $100k The apartment is in pretty decent condition minus cosmetic repairs But after looking at comps, units in this complex are going between $110-$115k I’m not too certain if this a deal.