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Hi - When hitting 200 units, what processes/systems changed? I'm noticing hitting 60 units a few things ie. hiring a personal property manager under payroll keeping costs fixed etc. I'd like enlightenment regarding ...
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Hello BP!
Hello everyone, in the coming months I want to be prepared to bounce on apartment complex deals due to covid-19. I am looking for a lot of advice for after I purchase the asset and how to effectively run th...
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Hi,Right now I'm just learning and playing with numbers. I found a large (32 unit) multi-family complex in Detroit for $815000 before closing costs, taxes, etc.http://www.realtor.com/realestateandhomes-detail/1...I us...
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Hi all!2 years since my latest post.. Long time no see. I now have a portfolio with 6 apartments in different complexes. Been tracking the performance in of each apartment in an Excel sheet, but this has become more a...
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Hi Y'all!I'm creating a spread sheet today of all my past deals for future reference when dealing with bank and private lenders. A track record of sorts. Have this info so far.-property location-style (sfr, land, mfr,...
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What would be considered the easiest program for small hard money lenders to use to track loans and history and sending out 1098 's? Im a small lender.
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I am looking to carve my niche in multi-family properties, such as a apartment complex, since trying to cover everything would be spreading myself to thin. Given my situation of that I would be using OPM to finance a...
Hi! I'm a recent in investor in Lubbock, researching the commercial property market in San Antonio. Anyone have market cap rates or even income/unit for B and C class apartment complexes (5-20 units)?
Thanks!
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Researching apartment complexes, it's fairly easy to track down the owners. Most recently I found an owner who is local and his place of business is fairly close to where I live. Does anyone recommend blindly droppi...
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I'm in the process of buying my next property, which happens to be a duplex. But I'm starting to think I should hold off because I really want to buy an apartment building. However, the thing is I don't have $250k to ...