Ryan Watson
Starting out with 100+ units?
Hello BP, I greatly appreciate all of the posts and information that this community is so eager to share. I have truly learned quite a bit. I currently own a Trash Valet business that I started about 6 years ago. I qu...
Elisa Lowe
Selling subdivided land after 1031 Exchange
I have a client who would like to do a 1031 exchange: selling a 1.6 MM piece of vacant land and replacing it with a 1.5MM apartment complex (plus another small property). The seller of the apartment complex is in the...
Matthew Masoud
Internet for Many MTR/STR next to each other
So I purchase apartment buildings and operate them as MTR or STR. Until now I've been using one regular modem in the middle of the 3-plex or 4-plex.I just closed on 20 units in two buildings and have no idea how to se...
Jeff S.
Reserve Studies going bonkers
As everybody has noticed the increase in materials and labor has skyrocketed which has thrown a wrench into condominium reserve studies. Since reserve studies attempt to forecast replacement costs of items over a 30 y...
Juve Madriz
Can an aged LLC with credit help boost mortgage financing?
I don't have very good credit, but recently I sold my house and have a little over 200k in the bank. Starting to build my credit, but its not good enough for what I want. I'm looking to invest in an apartment complex ...
Scott H.
5 Unit Commercial building Valuation
I'm considering a property in Utah that has 5 separate offices (all are currently rented) in a 11,000+sf building in a nicer area where rents are about 3-6% lower than the average in the area. All 5 leases will expi...
Andrew Becker
Tenants putting too much clothes in coin op washers
I property manage a 45 unit apartment complex. Everything is going very well besides the tenants are putting too much clothes in the washers. I suppose they want to get more for their buck since the washers are coin-o...
N/A N/A
Apartment Office
Greetings,
I am in the process of purchasing a 32 unit complex. Up until now we have only dealt with SFH. There is no office in this complex and my husband and I will continue to work our jobs as we manage the proper...
John Thoma
New member. 16 unit apartment purchase
Good Morning We purchased a 16 unit apartment complex in a college town for 250k with 15k down. The complex is all bills paid and it currently net profit around 60k - 65k per year. We’ve owned it for 2 years.We’v...
Alonzo Ramirez
New from Texas
29, Born in San Angelo Tx and currently live in Odessa Tx ( Permian Basin ) and own 3 semi trucks. I have this new drive for real-estate and want to go all in especially after listening to the BP podcast and Robert Ki...