Justin Goodin
Underwrite a multi-million dollar apartment complex in 7 steps
Follow these 7 steps to underwrite any commercial multifamily deal:1. Determine In-Place RevenueUsing a rent roll, determine the in-place rent amounts the property is collecting.2. Determine Operating ExpensesThese ar...
Zach Jones
I'm trying to buy an apartment complex without having millions
Bigger Pockets.. Its been a long time. Since my last time on here I've successfully purchased my first investment property. A triplex, currently trending to have a full ROI in around 4.5 years. Seeing the potential...
Presley Reeves
Will a ductless split system work in an apartment complex?
Hi folks. I am looking at an apartment complex that has a forty year old boiler/chiller system that will cost up to $125K to replace. One option is to replace it with a split ductless systems, which may cost as much...
Nick B.
Gas station near apartment complex - how close is too close?
Hello BP!I am considering a small 16-units apartment complex but there is gas station across the street from it. I know that gas stations present potential environmental problems and Phase I report is a must. However,...
Patrick Philip
What is your method of finding value add apartment complexes?
I only know LoopNet and similar sites. I rarely see any multifamilies through my wholesalers.
Matthew Kimball
New Investor looking at 46 Unit Apartment Complex in WA
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi everyone. I am a new investor and I've been looking at a variety of SFR and multi-fami...
Dustin Kircher
Average water bill for an apartment complex paid by landlord
Hello,I am putting together my first development project which will be a 10 unit apartment building complex in San Diego, California which we will then hold as a rental. I have all the number for construction, managem...
Cody Dover
Financing 85% purchase price 26 Unit Apt Complex 100% occupied
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...
Craig Cude
Unable to get owner occupancy rate for condo complex refinance
Hello BP family,I am near closing on a substantial cash-out refi with my CA condo (single unit rental). The lender is at a road block with the Fannie Mae/Freddie Mac owner occupancy requirement that at least 50% of th...
Eric Berkner
I want to own a large multifamily complex in Ohio
I am looking for a mentor that can help me accomplish this goal. I want to get into larger multifamily complexes. I am looking at investing in Ohio, possibly Cleveland suburbs. I am looking for someone who has already...