Antonio Davis
Small Apartment Complexes Great ROI and COC
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 ...
Austin Nelson
300 unit apartment complex - High Water Bill
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...
Ambrose Brooks
Help Trying to Purchase Older Apartment Complex
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...
Ashley Rothacker
More Complex Tax Deductions for Airbnb Income
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, ...
Tiffany Elli
Rent homes vs. building an apartment complex
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...
David Walkotten
USPS approved mailbox for small Apartment complex
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...
Ray Kaufman
Conventional Loan for FHA Approved Condo Complex
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...
Ron Seay
28 Unit Apartment Complex Value Add deal
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,350,000
Cash invested: $690,000
28 Unit Apartment Complex, all three bedrooms two bath units with washer/d...
John Auxier
First time investor analysis of apartment complex
This 4 unit multi family was posted a couple days ago near me.
https://www.trulia.com/p/mi/sa...
Megan Wilkerson
Inheriting an Apartment Complex in Riviera/Westchester
I live in Orange County and I'm inheriting outright a 10 unit apartment complex in the Riviera/Westchester area of Bakersfield near downtown. I was planning on selling the unit, but after doing some research I decided...