Jimmy Klein
Converting a corporating housing building to apartment?
Ok so here is the deal. We are potentially looking at purchasing a corporate housing project that has 40 units. The project was built in 2010 and is pretty much classified as Class A (stainless steel appliances, wo...
John Chapman
Compensation for managing rehab of apartment building
An out of town investor has an apartment building with a 40% vacancy rate. He doesn't have time to manage the rehab that this apartment building needs. He is also very dissatisfied with his current property manager....
Jack B.
Buy three 4-Unit residential apartment buildings?
I'm not seeing any commercial MF that cash flows worth a damn and has any good resale prospects. The CF I'm seeing is 12K a year after you subtract debt service from the NOI. I'm looking at 20+ unit buildings. I make ...
Wendy Begy
Apartment Building, need help with cap rate
Im looking at a beautiful 148 commercial apartment building. 21 million. Can someone give me the best way to get the cap rate, Im struggling with this one. :roll: Want to see if its going to be a good investment.
Doug Wang
Rehab a 70 year old apartment building
I am from Los Angeles and found an apartment building in Fresno. Escrow closes in two weeks. The building was build in the 40th and maintained most of its original beauties: red tile roof which is leaking and the ro...
Maria Wilson
Raising the rent in an apartment building
I own and manage a 33 unit building. I am planning to raise the rent. What incentive do you give to have residents sign another 12 month lease instead of switching to month to month? The last time I raised the rent...
Glen Nash
Where to find apartment buildings for sale
Hey BP, outside of the normal LoopNet, local commercial agents and cold calling does anyone have any other advice on how to find available properties? Looking in Louisville KY / Cincinnati / Indianapolis / Nashville a...
Chris Connery
Multi use buildings vs multi family apartments
I'm currently evaluating a 3 unit multi use building. Two apartments and one retail space on the main floor (barber shop) all units currently rented. It's in a very nice area of town where there are very few closed bu...
Scott L.
Buying single apartments in an existing building?
Anyone every buy apartments in an existing building for buy and hold rentals?Not looking at the whole apartment building.There is a nice little off shoot of the city, has 3 units, all for sale about 30K each, and rent...
Matt Heath
How to Bust into Multifamily Apartment buildings?
Hello Everyone,I currently own one four unit apartment that I purchased for $193,500 and rents for $2300/month. When I bought the proerty it appraised at $217,500. I paid only $3,500 down for the property using an FHA...