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New to the storage complex idea. What would be your max purchase price for this property?:
Gross income: $48,240
Expenses: $9,150
95% occupancy
(24) 10x20
(24) 10x10
(12) 5x10
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Would anyone be interested in a large turnkey 200+ unit complex in Central Illinois? 5> G.R.M. If anyone is interested I have more details.
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Hello all (and thanks in advance!),I'm looking for midsize apartment complexes (10-50) units, and I'm having some difficulty budgeting for property management expense. Here is my understanding:On sfr and small multi-f...
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Hi BP family,
I recently had two small multi families (40 units and 10 units) under contract in the home of the PGA Masters tournament with owner financing and tons of value add. The equity partners I found weren’t ...
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Hello,We manage a ~300 unit apartment community in Birmingham Alabama. We purchased the property in Oct 2019 and the average water bill for previous ownership was roughly $24K per month or $90 per door. Since then, ou...
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Located in Texas and am looking to purchase my first apartment complex. Have a potential deal to purchase an older complex from the late 1960s between 25-30 units, I have various operating costs from the seller: insur...
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Hello! Wanted to discuss the more complex tax deductions for short term rentals/Airbnbs. The two STRs I own are 100% exclusively used as STRs. I'm familiar with all the basic deductions i.e. cleaning fees, utilities, ...
I grew up flipping homes and loved it but am looking for a steadier income and good long term investment. Haven’t been in (active) real estate in 10 years. About to start a feasibility study and comparison. We will e...
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We own 24 units in Kalamazoo Michigan and need to replace the mail box system with something USPS approves. Quote was $2852. Who has another option or has found the best solution that is cost effective? Thanks in adva...
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South Carolina has down payment assistance for first time home buyers. The stipulation for condos is that it must be a FHA approved condo complex. If you have sufficient money to do a 20% down payment, can you do a co...