Hi everyone,
I would like to know, how can I find out the value of multi family properties. Find out ARV of a single family house with similar, sold properties in the area, is understandable, but it's not easy to fin...
Is it possible with a small income to jump straight into a first deal being an apartment complex? If so what are the pros and cons of commercial vs residential?
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $13,600,000
Cash invested: $7,200,000
The market price was estimated at $19MM, acquired for $13.6MM, 94-unit ...
Dear all, I would like to know whether anybody have any experience in building an apartment complex in Los Angeles area? I'm looking at a few pieces of lands around south LA that seems promising.I've been looking for ...
I can't believe I am having to post about this issue, but here goes. I bought a 24-unit apartment complex back in June which came with 24 sets of inherited tenants. In one of the 6 buildings, there is this one tenan...
Hi BP,I am getting ready to close on my first 8 unit apt complex. I would love any and all advice as to what to do now in order to make this a seamless transition. For example, I've read many say they send a letter wi...
Hey what's going on guys! I have a predicament... I got under contract for a 41 unit complex in waco, it's a extreme value-add and we just re-traded the deal down to 1.825M but our investor needed it to be at 1.7M. Ou...
Hi BP, I am looking to benchmark operating expenses for a portfolio of large apartment complexes throughout Texas, specifically in the Houston, Fort Worth and and San Antonio markets. The portfolio in question is a se...
I am looking at a 20 door complex and it seems like a good deal but I am not sure if I am doing the math correctly. My question is how does a lender value commercial properties. Here are some of the details. Please re...
Hey guys, looking at a deal and ran across something I have not seen before. It is being sold in 2-20 block sections and you can buy an on site sewer treatment plant as well. They are vacant and need full rehab. Is...