We have an apartment complex in Denver, Co.

The national average operating expense ratio for land lease has been in the 40% range for a while now.Park owned communities, are a lot more like owning an apartment complex because you are responsible for the repairs and maintenance (R&M), and they require 24-hour access to someone if a pipe or AC unit breaks.

The simpler back of an envelope models are free but you have to buy the complex ones.

(So this Friday I would get the list of evictions for the week ending last Friday)I have them weed through and pull out all management company evictions, and apartment complex evictions and narrow them down to only single family properties and small 2-4 unit properties where the eviction is done by the owner.

So where do I find these apartment complexes?

I've seen it on a few college campuses but I wonder if it could work on a smaller scale in an apartment complex.

Hey guys,My partner and I were having a conversation about which approach is better: either buying a rental property or building a complex with the same amount of capital e.g $500,000.To me, the analysis makes more sense to build a property in an ideal city and rent higher than to buy an existing rental property: reduced repair costs, city tax incentives, competition among contractors/builders to build the most units for your money.Thoughts?

Nobody brags about their new 10-unit apartment complex compared to a vacation home.

The property management company for the complex has been trying to get a plumber in since it happened but as of now, no plumber has come. 

Hello BP, I just closed on my first small apartment complex (15 units) about 20 mins from where I live.