Jack B.
Tired of shopping for apartment complexes
Almost every person I deal with wants to only provide proforma numbers of their best case scenario with no capex or vacancy built in. I ask for schedule E and they claim the have only owned the property for 2 years. O...
John E.
Request to interview apartment complex owners
Good Afternoon, BP community!
My name is John. I have a rather large ask, but an important one nonetheless. Apartment complex investing has been an interest of mine for quite some time, though i knew it would be best...
Willie Taylor
Funding for 35 unit apartment complex.
I am interested in buying a 35 unit apartment building. It is fully occupied and it is 400k. How would I get funding for this?
Jody Leblanc
Deal Analysis: 23 unit apartment complex
I'd like to get some feedback on this property.
All-BricK, 4 buildings, 2 story, pitched roof, good exposure on main thruway
23 Units
1 occupied by on-site manager
asking price $690K, supposedly hitting 72K NOI,...
Audrey C.
Lead investor of apartment complex fraud
We are investors of a five apartment deal in Houston. We all mostly live in Austin. The main investor, we suspect, are falsifying the books as although the rental market is hot here in Texas, we get paltry distribut...
Al Williamson
Car Wash-Vac at Apartment Complex
I've heard about a landlord that built a small coin operated self-serve car wash at his apartment complex for tenants and neighbors to use. I heard he did well. Does anyone have experience with this or a story to shar...
Jerry Kisasonak
116 Unit Apartment Complex Financing Question
We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
Aeknoor C.
Insurance for 25 unit apartment complex
I am looking for insurance for an apartment complex we have purchased and would like some thoughts on a quote I have already received. The agent gave me a quote for $15,000 a year for the 25 unit apartment complex (Mi...
Vysakh Sivarajan
Package thief at the apartment complex
Hello BP members,I got a condo unit in MA with a tenant leased for an year. A really good tenant, very prompt on payments etc. Last 4 weeks or so, they are missing some amazon packages and some of the packages are ope...
Keith Lanier
Commercial Apartment Complex Problems/ Metro Houston
I am a former Real Estate Investor, my health was in question for about 4 years, and I have lucky and blessed to finally start to get back into the Game, I have never had any experience in apartment complex investing,...