Tip Lee
Looking at a apartment complex in a rural area
Hi Guys, Just wanted to get some feedback on a deal my cousin and I are looking at. We're completely new to the multi family arena, so any feedback is appreciated. Here are the facts: 18 unit apartment building, 2 sto...
Karen F.
Apartment complex settles suit after criminal act of resident
https://www.bostonglobe.com/metro/2017/03/28/after...It appears that in a privately owned housing complex in Mattapan, MA, a man who had been arrested for domestic violence, and whose girlfriend then refused to press ...
Zeliang Zheng
Recommendation on how to start multi-family apartment complex
Hello BP. I have invested in several single family houses in Baltimore using BRRRR strategy, it's been great. I want to diversity my portfolio, and I want to get into multi-family apartment complex. I have read severa...
Sabrina Baldwin
How to Reduce High Water Bill at Apartment Complex
I have an 8 unit apartment building and currently the water, sewer and trash is included in residents' rent. Each unit is a 2 bdrm and the rents range from $540-$575. The water is billed based upon usage and it contin...
Jack Zhuang
4 fourplexes or a 16 unit complex? Advantages/disadvantages?
Hi everyone, my name is Jack and this is my first posting to bp forum! I've been actively browsing the forum and today I pulled the trigger and upgraded to pro. Anyways, here is my question, if I want can pull togethe...
Yakim Flores
Line of credit on 3 condos in same complex
Hello BP community,First of all, I'd like to sincerely express my gratitude to the entire BP community. I recently purchased 3 condos in the same complex for roughly just under 50k a piece. The purchase was all cash. ...
Malick Ngom
NEED HELP: Finding insurance for a small condo complex
I am in the middle of a transaction where I am selling my condo, however I just found out our complex's insurance had changed recently and does not cover 100% of replacement costs due to a recent claim (last year). Th...
Devan Mcclish
Owner financed 17 Unit Apartment Complex with 0% interest
The Power of Zero is a magical thing. If you can buy a deal with zero of your own money, and have 0% interest financing, you've hit a grand slam. Deals like that do not come around very often, but they do come around!...
Hayley Zeoli
Apartment Complex Not Handling Smoking Complaints- What to Do?
Hi guys! I live in an apartment complex that does not allow smoking on the property and in their contract it states that they can evict you if you are caught breaking that rule.My neighbor has been smoking on their ba...
Cody Dover
26 Unit Apt. Complex 100% occupied, located by University
Came across some gold a realtor sent me, seeking advice on how to creatively finance 85% of the purchase price of a 26 unit apt complex. My partner and I can scrape up the other 15% or $110k. How would one go about pr...