I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
I've been looking at more deals lately and I don't think it will be too long before I pull the trigger on my first small multi family. This first property is simply to move out from mom and dad and get a roof over my...
Hello All,I have gaining a great amount of knowledge from BiggerPockets and as a fairly new investor (9 Months) the biggest problem I have faced is finding a buyer for apartment complex's. We had a gentleman drag us a...
I am a few chapters into a book on apartment investing. Its called Multi Family Millions. About reposintioning buildings and making big profit.
Anyhow...I've got a couple of questions already. That may be answered la...
What are the steps involved in the purchase of apartment complex? Do I need to get contract letter written by my realtor checked and correctly worded by attorney?
Just curious about how some people have handle apartment deals where they required rehabs.
what were some trials you had to overcome?
would you buy another apartment complex that required work or more of a turn-ke...
Hello my Realtor colleagues! I am a realtor here in the Central Valley California. I wanted to ask for a little bit of advice from my local realtors. So I have a buyer that’s looking to purchase an apartment complex ...
Looking for Apartment complexes in the State of Wisconsin Tennessee Ohio and Michigan with a great ROI
I currently live at a Morgan properties complex in Philadelphia. I told them im moving effectively April 30th as per my lease agreement. I signed a lease at another complex starting next Monday. I had every intention ...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $3,500,000
Cash invested: $37,500,000
Breaking ground on another 191 unit project that has a mix of 3 ...