I have an opportunity to purchase an 8 apartment complex. How can I quickly analyze this deal? Anyone know of software, an app or an excel spreadsheet I can use?
There are a lot of condos for sale in Tampa and surrounding areas. One thing I've noticed is that a lot of them are in apartement complexes where the majority of units are being rented and not owned. Maybe I'm a newb,...
So avg for it which is like 2 bed 1 bath, is like 400-500 a month, or if I buy a duplex for like 45k I've been seeing current rent they've done is like 350 a pop, if you fix it up and make it look alot better how much...
I’ve been looking at investing in a small apartment complex, probably anywhere from 15-30 units. Anyone with experience in apartment complexes, how do you protect your investment? One separate LLC for the complex?I ha...
Hello,I want to give a little back story before I state my question. My partner and I came across a potential deal through some diligent searching and mailers throughout the last year (patience is a virtue they tell ...
Hi, I was looking at a 4-plex today and noticed there were several large apartment complexes surrounding the area. I'd assume that due to this competition, the rent rates for each unit on the 4-plex would have to be l...
I need some clarification on purchasing a residential apartment building (10units+), or a condo complex? Does the market offer commercial complex condos of like 10units, to where you have full control of the units? Th...
Hello all, I'm seeking advice on a 10 unit complex with 8 1 bedroom units and 2 studio apartments. The complex is:$300,000Down $60000Rent income assuming $400 per unit= $48000 per yearManagement at 10% rental income $...
What exactly do you do when you "trade up" from multifamily homes to and apartment complex? I've read a bunch where people said they traded up and used the equity they had, does that mean they sell the multifamily hom...
Obviously, the goal of owning buy and hold real estate is to maximize cashflow and NOI. I have a 41 Unit Apartment Complex that I'm analyzing that has great potential but it has one issue, the WATER BILL. The water bi...