I am a new member and we finally closed on my first multi family investment last week. It is 68 units in Orange Texas. It flooded  for the first time during hurricane Harvey. So it will need a complete interior rehab...

Checking out this one 29 unit apartment building now and spoke with the current PM who mentioned that:Most tenants are on government assistanceBuilding is old but condition is fairGreat cash flow. Converted hospital t...

Anyone know at what size apartment complex an onsite manager becomes a requirement in Texas? And what the specific requirements for that person are? (Or a resource to find out that info?) Thanks!

I'm an experienced fix and flip investor of single family homes, a licensed contractor and realtor in Northern Virginia. I'm looking to purchase my first apartment complex/larger multi family property. I'm listening t...

I'm considering buying a multi-family property with approximately 100 doors. The NOI, based on the forecast provided by the on-site management (extrapolated from previous years), is $220K, though this is after $60K in...

Asking $2,300,000
72 units - 1 bedroom/1 bath - 700 Square Feet - $460 monthly rent
8.3 Cap Rate - great for area
98% occupancy rate - due to low rents for area
49% expense to income ratio
Fishers, Indiana

• Upside...

I came across a seller that was looking to sell a 8 unit apartment complex out here in Houston. Problem is, I have no idea on how to evaluate the property to make an offer. I have the rent roll and P&L statement...

Can anyone provide me with an example of an effective letter used to approach an owner of a 6-8 door garden style apartment complex? The property is not currently on the market but I'm very interested in planting the ...

Hello,A town home complex is going through a $1 million renovation this year.  New roofs have been done, sidewalks, landscaping, etc. with more improvements to come.  Is this a perfect time to buy?  I assume this will...

As I research Texas, I have began by familiarizing myself with its areas, trying to better become acquainted with each sub division and its offering, and I ran across the following property:3209 NorwalkDallas, TX 7522...