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Two years ago I purchased a 200+ unit apartment complex in Dallas, TX for $6 million that appraised at $7.4 million at closing.The purchase was 100% off market as I located the deal by doing a targeted direct mail cam...
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Looking for thoughts / advice on finding portfolio lenders or other financing that may lend on properties on the FNMA do not lend list. There is a development that I like, but it is on that list due to the high volume...
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I'm getting close to having the first 8 units of my 20 unit rehab ready for paint! I really would like some input from fellow BP'rs on this subject. Here are my thoughts....
Initially I was going satin or eggshell on ...
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Situation:There's an apartment complex that due to some severe mishandling, was about to be foreclosed. Someone came in and loaned them the money to pay the back taxes and fees, charging hard money rates.- Loan amoun...
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I have a couple homes I want to sell and would like to market to the renters that might be looking to buy a home. (First time home buyers, etc.) Is there anything wrong with putting door hangers on the local apartment...
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I am developing a new 168 unit market rate complex in south Alabama. Including a washer and dryer in each unit is becoming a no-brainer since the rent premium is a great ROI and it reduces significant damage to each u...
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I suspect everyone buying an apartment complex uses some list that they check against when they inspect the individual units. Can you share yours here?I suspect you have a different checklist for each room:KitchenLivi...
Our company has transitioned over the past 5 years from fix and flipping 3 to 16 unit buildings to fix and flipping/acquiring undervalued and neglected 40+ unit complexes for forced equity appreciation through renovat...
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Hello,my name is Oscarr and I relatively new Realtor but I want to one day become an investor. I am curious, what is a buy box? I hear that in a lot of the podcasts I have listened too and I have seen it in a ton of b...
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Thanks in advance for your consideration. I'm putting in a 20-30 door complex and would like to reduce key management overhead with technology.Are there any smart lock systems that would give wireless entry to common ...