We purchased a 24 unit apartment complex. No renters. We are renovating it. We purchased in 11/18 and had a lot of expenses in 2018 AC, electric, etc. My tax person is saying we can not deduct any of those expenses on...
Has anyone ever tried to buy one apartment complex that was split amongst various owners? If we persuade them to sell, any ideas on how to structure such a deal?
I own 3 apt complexes and 5 fourplexes. I think that fourplexes are way more advantageous than 4plexes and this is why I recommend you to buy a few fourplexes within one mile radius. Year built will be much better (l...
Hello fellow investors,I am in process to buy and apartment complex that has homeless people problem. Homeless come in laundry room and sleep and sometime they sleep in common areas.is this correctable problem and wha...
So I got an OM on a 70 units deal and it metioned that some of the building on the property are in a flood zone. Does it still make sense to invest in the property or walk?
Anybody in the Memphis area? I found this apartment complex located at 2836 Hammond Rd, Memphis, TN 38128 on loop net. I’m just starting out but would like to know if this is something that is worth taking a second lo...
My husband and I have just purchased a property because it has a unique "overlay" zoning that allows for multiple units to be built. Up to this point we have only been flippers; the rental and development world is not...
I'm looking for the past year to get in apartment investing. I want to be a buy and hold for a very long time investor. I read about people on this site buying 12 units for $5,000 down. I have no idea how that would h...
Hello BP,There's a bunch of stuff online, but can someone (with experience) point me to a great video or great write-up on analyzing the numbers on apartment complexes? I have a lot of experience analyzing single fami...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Lima.
Purchase price: $267,995
Cash invested: $63,000
6 Unit Apartment Complex with $3,600 gross monthly income, 4 One bedr...