Todd Kruger
I just purchased a 52 Unit complex-is this a good idea?
I just purchased a 52 Unit apartment complex for $1,975,000. I put 20% cash down and got a 7 year fixed rate of 4.55% amortized over 25 years from my bank with .25 origination and receive approx. net cash flow of $6,...
James Woods
House near San Fran: Keep renting, or Like-Kind for a complex?
About 15 years ago my uncle passed away and left his house in Oakland to my sister and I. Ever since we've been renting out the place with the help of a property management company. There's no mortgage and net annual ...
Dustin M.
Need advice on how to turn around a eight unit apartment complex
Hi,
I need some advice. I am currently looking into purchasing an 8-plex in a rougher park of town. It is not a war zone but it isn't the best part of town. Near the 8-plex are a variety of run down boarded up apartm...
Shawn Reisner
Apartment complex seems too good to be true. What am I missing?
Hi! I'm looking for my first investment property! I found a 6 unit apartment complex that consists of a building with 2 units next to a building with 4 units. All 6 units are rented out already for a total of $3545...
Nick Mertens
Doubled the worth of apartment complex in CO Springs in 1 year!
We took over management on a distressed apartment building in Colorado Springs last year from a company that didn’t have a tight handle on it and were able to double the value of the property in one year with only usi...
Stephen Jones
Purchasing a 100 unit apartment complex with the equity I've built up
BP,I've been in the multifamily real estate game now for a little over 10 years. During this time, I've never once used any leverage, never re financed and cashed out, etc. I have always used my own money to purchase ...
Sardar Khan
Trying to compile a list of A-class apartment complexes in IL
I have 3 years of REI experience and currently own a total of 10 units. All from direct to seller ad campaigns. I am looking into a new lucrative business that involves getting connected to property management compani...
Troy Durrette
What ways are there to find rental rates for an area? Complex?
I looking to find rental rates for a duplex. Trying to present rates to investor/buyers. I've asked a few of the neighbors, but I'm sure there are other ways.
Serge S.
Considering wifi or cable to offset RUBS in 56 unit apartment complex
I am just about ready to implement water, sewer and trash submettering on a 56 unit complex. We completed a retrofit so that all units have a water main that is submettered. A separate company will do the meter reads,...
Greg G.
30 unit complex or 30 sfr's - What would you choose and why?
Given the choice to invest in a 30 unit apt complex or 30 sfr's, which would you choose, and why? Assuming the market is the same, etc...
I want to make sure I'm thinking about everything from sourcing the deal, fin...