I am an aspiring real estate syndicator looking to invest in apartment buildings around major universities, and renting them out to a niche group of university students. Based on my research, I feel this is a group...
9 days ago I got a property under contract. The neighborhood is worse than I thought and people aren’t all that interested. I told this to the seller and we agreed on lowering the price. I was just going to cancel the...
So Arkansas has a lot of rural communities and for the most part the market doesn't move much in these areas. When people purchase homes they tend to live in them for basically forever. Markets just stay stagnate. As ...
As a limited partner, what are the things you want to hear from the sponsor?Plus, what parameters and specific numbers you look for in an offering based on location(Ex. San Diego - 8% COC ; Illinois - 12% COC etc. etc.)
I'm dealing with a nightmare tenant! This tenant has been late with rent for the past several months (even later than my five day grace period). Rent was due on the 10th of this month and of course it was late. The fo...
Okay people, let me get your opinion on this. I have a property management company that I'm with for over a year now. Problem is this:1) Property 1 (management fee: $150.00 per month)2) Property 2 (management fee: $12...
I'm one year into having a property manager take over one of our properties, it's mainly great because that income is now (almost) truly passive - probably requires less than 1 hr of time each month.However, my PM see...
Here is a story of a real life issue I am currently working on. Not all landlord/investing things go right.Setting: New Britain, Connecticut. A small city full of rentals mainly made for manufacturing plant workers...