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Hi All -Landed here from YouTube earlier today; brand new BP member. I've bought/sold SFR property before - both primary residences and rentals. From my past experiences, I know I really don't enjoy being a landlord (...
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So I'm just wondering what everyone would choose if it can down to a 10 unit apartment complex or 10 individual single family homes. Each unit would have the same type comps. 3br 1 bath. What would you choose and why?...
I'm considering a property in Utah that has 5 separate offices (all are currently rented) in a 11,000+sf building in a nicer area where rents are about 3-6% lower than the average in the area. All 5 leases will expi...
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I'm starting to look into performing a 1031 exchange into an apartment complex and am looking for more information on value adds and how a lender obtains their valuation based on the CAP rate. See example below.- 30 u...
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1.Raise RentsThere’s an art form to renegotiating lease increases. The tenant must feel they are getting the best deal possible and even some perks to the deal. Discuss with the tenant about having timely maintenance ...
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I know this may seem like a simple question, but I just need some clarification. When investors say that they own “30 units” or “10 units”, does units refer to individual rooms in a property they have invested in? Or ...
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Curious to hear thoughts regarding this article.https://www.mashvisor.com/blog/top-cities-buy-and-hold-investment-properties/
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We have a 1br in the Hemispheres complex, on the barrier island (2nd line of buildings from the beach) in Hallandale Beach, FL. 2.5 years ago it was rented in under 1 month for 1450, while similar apartments in the co...
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Hi allI would love to purchase my first apartment complex greater than 10 units. What do you think is the best market to do this? I live in the Northeast but open to anywhere in the US
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Hi Everyone ,
I am a new investor. I have recently purchased a new condo on the Eastside of Athens, GA. I have spent the summer renovating the inside, and I am really proud of how things have turned out. However, now...