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What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...
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Ok here's the background info:
225 Unit - Class C Property in TX
$535 - 1 bedroom rent, 100 units
$710 - 2 bedroom rent, 125 units
Monthly/Annual Potential (Gross) Re...
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I have two 3-family homes and 1 duplex, none of which trigger the commercial loan requirement. I am interested in going bigger - anywhere from 5-12 units, and anywhere from one building or multiple homes. I understand...
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Hi,
We are in the process of looking for our first deal in the CT area, and I came across this property on craigs list:
asking price: $229,000 7 unit victorian built in 1880, in broad bank, CT (small ...
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I was under the impression that rental units subject to DC rent control that have been vacant for at least a year can be rented for any amount, even though they will still be subject to rent control moving forward.Can...
Hey gang - I’m sure you’re all feeling the same pain… so few deals and such little time!I’ve been scraping the FMLS day in, day out for WEEKS looking for a Duplex with little to show for my efforts. Planning a door kn...
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Jumping right in, I was told today that I would have to cough up $349,000 DN for a $1,000,000+ 4 plex. 25% would have been $287,500, which would have been easy.So now I'm considering breaking my IRA, cleaning out my...
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Here in Arizona, we had four members of a family killed by carbon monoxide poisoning from a faulty heater in a cabin near Flagstaff. Do you provide CO detectors for your rentals?Family of 4 found dead in cabin from po...
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Not sure if this has ever been suggested before, but I thought it would be nice to develop some sort of Rehabber's Materials Cheat Sheet. Maybe like a chart with House Type on the top and Sections on the right?
For e...
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I am looking at a medium to large multifamily group of complexes in Baton Rouge. There is some concern about an over supply of apartments in the area. Any thoughts?