Alec Siebert
Tenant Low Move-in Rate/No Deposit
We're looking into buying a 60+ unit complex where their current marketing is for prospective tenants to pay about half a month's rent with no deposit to get them moved in. I've been a property manager/investor for 1...
Brian S.
HOA board is forcing all of the investors to sell their units!
I just received a letter from a law office that is stating that my tenant has 30 days to leave the premises or they will start charging me $1000/day. They are stating because I never lived in the Condo unit myself, I...
Susan M.
Applicant admits to bed bugs
I encountered a first for me last night. Met a nice applicant. She asked me at the end of our discussion "do you automatically disqualify if I've been treated for bed bugs?". I asked her to elaborate and she told m...
Vishal Punj
Multi-Family Investing Assumptions Challenged
Happy Monday fellow BP'ers! Been a lurker here in the forums now for several months. I've listened to several of the BP podcasters who discuss MF as well as read several of the threads here on the forums, but was ho...
Ashlyn Chapman
College Town Investing in an apartment
Hi, I am a college student hoping to purchase a property to live in my last year of undergrad. I am planning to rent to others also.I was wondering how desirable it would be to purchase a unit in an apartment complex....
Dennis Simonson
FHA restriction a blessing or curse?
Amateur investor here. First post. I own four townhomes in a 44-unit townhome complex. Am considering purchasing another soon. I am aware of FHA issue when 10% or more of units are owned by the same entity, an LLC in ...
William Alonso
Looking for a Cinci/KY Realtor for a referral
Hi All,I'm working with an investor who is going to be doing a 1031 for a property I am helping her sell. She may purchase here in Columbus, but she is also looking at options to invest in a multifamily complex in Ci...
Teyron Burden
apartment at a complex
just a general question about investing when you first start out..I see a good potential deal with an apartment at a complex..would renting out be a good idea and should I treat it like a multifamily? Say I rented it ...
Dan Stehr
Strategy for buying an entire condo complex?
Has anyone attempted to purchase all the units in a condo complex before? Once I identify a good condo for investment I try to buy multiple in the same complex. There is one complex in particular that I believe unit...
Joe Smith
strucuring entities
OK - I have an idea here and want some feedback.
Say my wife and I create a "parent" company, or holding company, a 2-member, 50/50 LLC. Let's call it "Joe's Rentals, LLC" for the sake of this post.
Now, say I buy ...