Hey all,
What numbers do you use when projecting repairs and maintenance costs for apartment buildings?
My rules of thumb have been:
- $650/unit for 2000s or newer and $250 for cap ex
- $750/unit for 1980s-2000s a...
Hello,Currently evaluating several offerings in East Central Illinois. Current offerings calculate out to a little over 3% appreciation per year since 1999. Each have 2 and 3 bedroom mix, near universities, C+ (ish)...
Is it a normal practice for a seller to require you to be under contract before they will provide any type of due diligence you ask of before even making an offer? Seller won’t provide financials or anything whatsoeve...
So, I am trolling around for property #4. Being that this will be my fourth mortgage (and final mortgage before the guidelines change), I would like it to be an investment property because the guideline restrictions w...
I invest C+ to B neighborhoods in the Indianapolis (including Bloomington and Terre Haute) and Kansas City (including the suburbs). If we are doing a value add and assume that occupancy won't stabilize until the 3rd y...
I am looking to buy an old commercial building in a very small town (750 people) and convert into 7 units here are the numbers:
$55,000 purchase
$100,000 renovation
$15,000 hard money interest
Property managemen...
Hey all I'm looking to scale the business as we currently have 14 single family homes . Where I live in the uk the whole duplex and triplex etc doesn't exist .There is a couple of duplex's dotted around but they are t...
Hey everyone,I was bored the other day and ended up browsing some sites for modular homes. I noticed that most of these sites has a multi-family offerings that were pretty attractive. Have any of you chosen to build...
I'm lookimg for a multifamily rental property and could only find old houses that fit the numbers when it comes to cashflow. Now, when I say old, these are very old. Construction years between 1920 and 1955. Are they ...
Here is a duplex, area c+, unknown sqft, the second unit does not have access to the basement for storage and washer&drier... The agent told me that although i don't see it in the portals.... It seems rent ready.....