Nash Rack
which area is good for investing in apartment complex
I am looking to buy apartment complex (about 20 units). I was looking at phoenix but looks like prices have risen a lot there already. Any other good areas?
Tou V.
20 unit Apartment complex - $700k, good deal or not?
Looking at this decent 20 unit apartment complex. Below are the current break down of income and expenses. PM fees are also included in Total expenses. Sales price is $700k. Loan would be 25% down at 4.5% fixed fo...
Jessica Miller
Please help analyzing this deal (18-unit apartment complex)
Basics of the deal:Asking $750,000 with seller to owner finance with $25,000 depositGross income - $111,000Taxes - will be 3.7% of actual sales priceInsurance - $7,000Utilities are $7500 Assuming 5% vacancy rate and 1...
Account Closed
6-Unit Apartment Complex. My first investment. What pitfalls?
Hey guys & gals, I'm going to invest in a 6-unit complex all cash. This is my first adventure into real estate rentals. My goal is to run it myself for a year, and cash out re-finance after I get a track record.
...
Evan Dyer
Advice on getting started in multifamily, and apartment complexes
Hope all is well, and everyone is staying safe! I'm new to biggerpockets as well as real estate investing, but have a gained a real interest in it. Im 22 years old, and currently in school finishing up my masters in i...
Marlon Messer
44 unit value add apartment complex with owner financing
Investment Info:
Large multi-family (5+ units) buy & hold investment in Orange.
Purchase price: $1,500,000
Cash invested: $400,000
44 unit apartment complex built in late 70's and early 80's with...
Marlon Messer
44 unit value add apartment complex with owner financing
Investment Info:
Large multi-family (5+ units) buy & hold investment in Orange.
Purchase price: $1,500,000
Cash invested: $400,000
44 unit apartment complex built in late 70's and early 80's with...
Tip Lee
Looking at a apartment complex in a rural area
Hi Guys, Just wanted to get some feedback on a deal my cousin and I are looking at. We're completely new to the multi family arena, so any feedback is appreciated. Here are the facts: 18 unit apartment building, 2 sto...
Kurt Bender
Analyzing a Bulk (Fractured) Condo Deal vs Apartment Complex
I wanted to get some feedback from other members on the analysis of a purchasing a fractured condo deal vs a full apartment complex. Just to make sure everyone is understanding me, this is an example:Purchasing 20 uni...
Serge S.
56 unit apartment complex - raising rents and submetering timing
Hello BP Nation - I am happy to report that I will closing on a 56 unit complex this week. I will post more details regarding numbers but the short of it is as follows:
56 unit, class B building in class B ar...