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I'm taking the advantage of the remote work regime to move for a couple of month in Wichita, KS by the end of September with the end goal of purchasing a small value-add apartment(s). So far I have seen very limited p...
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What would you want as a minimum cap rate on a new apartment complex in order for it to pencil out as viable or at what point would you pull the plug on a potential project? Thanks!
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First, some background info! I bought a 4plex in my small town in the upper peninsula of Michigan earlier this year and things are going great with it. Just finished renovating my only vacant unit and had 3 calls on t...
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Hello Forum, I'm considering building a 16-24 unit apartment complex in rural San Diego County. If this consists of 2 typical apartment buildings, does any local have any idea of building costs for each structure? I...
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I have a 16 unit complex that I have been working to obtain for over a year now. It was a USDA foreclosure in late 2012 with a live local auction and I was bidding against one guy. It reached my price and cash limi...
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I only began educating myself a couple of months ago here, I have learned a lot and I know I have much more too learn (there is always more to learn!). I have been fairly successful in my W2 career, not always happy ...
My name is Andrew VanCura. I am a recent college graduate from Illinois. I am 22 years old and ready to create the vision that I have dreamed about for years; a shipping container apartment building. I have done years...
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I am excited to share a success story!!! After 11 months of being under contract, we recently closed on a 63-unit apartment near Down Town Dallas! It had a HAP contract, an assumable city of Dallas loan, non-profit pa...
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Just starting to venture into the multi-family arena. I have solid experience on the SFR front but trying to understand what to expect when I tour my first apartment complex. I understand the financial analysis side...
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Hello, I'm looking to re-vamp my REI strategy to upscale my startup 4-plex and SFR propeties and 1031 them into a commercial property. I'd like to buy something large enough to support staff or low maintenance enough ...