Garrett Honea
"Rubs" Ratio Utility Billing system
We have been exploring new ways to increase revenue at our apartment complexes. 90% of our tenants are well below market value on rents. Obviously, we are looking at raising rents but we are also looking at "Rubs" R...
Account Closed
Advice needed
Hello everyone. I am 27 currently a student. I want to own an apartment complex in the near future. I am really determined and I am already working towards it. I have been making a lot of research in buying or buil...
Nick Proffer
Financing troubles on a rental property
I would like to learn from someone with experience preferably in the lending department. I am having troubles on figuring out how to effectively execute a HELOC strategy for house repairs and for future investing.
he...
James Wheelock
88 unit value-add Deal question
Okay so my fiancé and I tackled our first deal which was a four unit that cash flows great for us now. Since then we watched @BrandonTurner talk about approaching complex owners on one of the webinars. So I decided to...
Josh Edelman
do you make tenants pay HOA?
before I buy a property I want to make sure I run my expense calculations correct. this place has a monthly HOA and a zonal quarterly fee. Do I make the tenant pay for these as part of rent? (ie rent is $1500 and thes...
Gabriel Miritello
Multi Fam Numbers running questions
Hello,Looking at a 14 unit with room to expand (potentially 7-14 additional units or 30 storage units or a combo of each). However i have a few questions to make sure my numbers make sense.I have spoken with a lender ...
John Roth
what would you offer?
Bank note for 22MM, bank is wanting to sell for 8MM. Has a negative cash flow right now.
398 Units, 1,2 and 3. New roofs in 2004. Updated units 1998 and 2003-04.
Rents are below market rents. Complex's nearby ha...
Danial Qureshi
Accounting Software & Deal Aquisition, help?
Hi everyone, I bought my first property June of 2015 for $139,000 with closing costs, as of January 25th 2017 my condo has been leased at a Fixed Rate of $1500/month which will net me a little more than $16,500. Curre...
Aaron Davis
On site manager vs outsourced? Where do you fall?
I'm currently buying my first multi family unit. A small apartment complex of eight units. Right now it has been poorly managed and is only half occupied. I live in the area and am going to be hands on with the whole ...
Colin Smith
Does The 50% Apply To Larger 30+ Unit Apartments
Compare 30 SFH to a 30 unit apartment complex are very different. 30 roofs vs one large roof. So my question is, does the 50% still apply?