Tom C.
HELP - 10 Unit REO Apartment Complex
Drafted an offer on a REO apartment complex in Texas (Houston Area). Only problem is the bank has only owned the property for about 2 months and has a PM running it. Currently it has 3 vacancies, with one lease si...
Ryan Dossey
Looking to learn about apartment complexes
Does anyone have any recommendations on books/ebooks to get me started? Within the next year I want to own a complex even if its a smaller 20-30 unit place. My long term goal is to get into larger units like your 2-30...
Account Closed
Adding Storage Units to Apartment Complex?
I thought that there would be zoning issues, but I came across this property where it looks like the owner is building some in the back yard of some multi-family units: http://www.zillow.com/homedetails/602-Perceful-S...
Taylor Austin
Tips For Fist Apartment Complex Walkthrough?
Yesterday I went and did my first walkthrough of an apartment building nearby. It's an 152 Unit building, the listing was sent to me through an associate, told me the Broker was doing showings in about 30 minutes so I...
Jesse Hodges
BP Tool for Apartment Complex Analysis?
I have a potential deal for an 8 unit apartment complex and I am having a hard time using the BP Rental Calculator since it seems to be geared more for SFH or small MF. Is there a BP tool for larger unit deals that ca...
Michael Stinger
How to buy an apartment complex
Is it the same guidelines for buying a primary residence? 3% down conventional etc? or are there many more and different factors. Would I reach out to a different type of loan officer?
Tiffany Williams
51-Unit Apartment Complex - Need Comparables
All,I need your help. I am trying to determine an offer for a commercial property, however, I have NO clue where to find comparables. The response to determine my offer was, "Feel free to reference comparable sales in...
Jeff F.
Cheyenne, WY 7 Unit Apartment Complex
On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...
Johnathan Norman
How long before refinancing apartment complex?
I purchased a small apartment complex all cash at a nice discount about a month ago with an empty unit and all tenants on a month to month lease. The new unit is leased at a higher rate and i'm on track to raise rents...
Rudy Jauregui
Using Apartment Complex to Expand Portfolio
Hello BiggerPockets,I recently paid off my apartment building in S Los Angeles, Ca. I'd like to further invest in more multifamily buildings in California but am stuck. I attempted to get a LOC on my apartment buildin...