Hello Biggerpockets family!I have two investor friends that have acquired an 18-unit apartment complex under sub-to the existing mortgage. The property is in the name of an LLC. They need 10k to pay off property taxes...
I am looking at a 42 unit apartment complex. I have purchased many smaller multi-family properties in the past between 3-5 units, but nothing near this size for which I have outside management. Outside management will...
Amateur investor here. First post. I own four townhomes in a 44-unit townhome complex. Am considering purchasing another soon. I am aware of FHA issue when 10% or more of units are owned by the same entity, an LLC in ...
Looking to expand my portfolio by purchasing and managing a low-income subsidized apartment/housing project. My business is well prepared for the complexities of managing low-income housing. Any input is much apprec...
I'm thinking of purchasing a commercial condo in Viet town shopping center, San Jose. I'm quite clueless about commercial property, so just throw this out to see if there is anyone familiar with it? Any advices are ap...
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
I am looking at a 48 unit that is managed by a property management company and has an onsite manager.
How are you managing smaller complexes ?
What are you being charged ?
Any other thoughts would be great.
Thanks
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Does anyone have any insight into the effect of apartment complexes on rent prices and ability to rent SFH in the same town or area of city?
More specifically there are complexes of 30-40 buildings (each having 6 un...
When doing my own personal taxes, I filed the first few years on my own without any software (this was before my life got busy). It was a great way to learn how to do my taxes and most of my issues were adequately ex...
Hi all!!! I am currently a property manager but I am looking to obtain my own rentals! I have flipped one home about 8 years ago. I am definitely looking to network and learn anything and everything I can! Please mes...