Pavel K.
Need Advice on 3 Condo Complex
Hoping I can get some advice from you guys on a dilemma I have.I am working on making an offer on a property which has 3 condos. The 1st floor condo is currently utilized as a commercial office space and the layout is...
Kendal G Fambro
Building a 3 Unit Condo Complex
Hello, I am looking to get started in my Real Estate career by building a 3 Unit Condo complex on a lot that I already own in Chicago. Can someone provide some guidance and possible struggles I may experience with acq...
Rebecca Pierce
Apartment complex management already doing maintenance
I currently own a business as a general contractor and recently was asked by a property owner I have worked with several times the past few years if I would manage his property, my question is this; what are the legal...
Bab Adetiba
24 unit apt complex Class C
16 (2/2) and 8 (1/1) units. I'm very familiar with the areaFrom P and LGross income: $145,000Gross expense: $53,000NOI: $92,000Asking $1,000,000Weird expenses are $0 for landscaping and $90 monthly for electric. That ...
Luke Myers
Lorain Ohio 4 unit apartment complex
I have a 4 plex in Lorain for sale. gross rent is 23,000 per year. For sale for 98,900. 3 units are 2bed 1 bath and 1 unit is a 3 bedroom 1bath. 3 units are fully renovated also. 1 unit is not renovated but in good co...
Ashley Russell
Buying multiple unit in condo complex
We own one unit in a four unit condo complex. One of the other owners is selling and we want to buy.
I know there are some new rules around owning multiple units in a HOA. Who makes these rules? Is it a Fannie Mae t...
Yvonne H.
How do apartment complexes handle evictions
Hi, I have a question about evictions. How long do apartment complexes wait after rent is due before filing for eviction? What if the tenant comes to them with a valid explanation, such as an unexpected car repair, et...
Gregory Ballard
Buying part of an apartment complex
I'm considering some units that are part of a larger apartment complex. I was wondering if anyone had any experience and buying a part of a complex, versus an entire complex. What are the pros and cons?
Jon Klaus
Buying units in a condo complex
I am looking into the pros and cons of buying a number of units in a complex of about 200 units. I would only buy units if I could get them for <$30K, and average rent would be @$700/mo each. There is a HOA fee o...
Andrew Caldieraro
building an apartment complex.....advice needed
Hello,I'm looking to possibly build a smaller multi-family apartment complex (10-20 units) in the Midwest. I am wanting to start off "small" so my loan won't be more than 1-1.5 million. I am looking for advice regar...