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Toth created a new topic ' I have two off-market multifamily properties in Brooklyn, mid 5% cap' in the forum.Brooklyn, 8 Story Luxury elevator apartment building with 41 apartments, 23 bikes storages, and 13 parking spaces. Lot size: 100x 100. Building SF: 50,929 , year built: 2015, Zoning: R7A . Total Income: $1,486,752 Total Expenses: $138,007 / NOI: $1,348,745 421A Tax Abatement 15 years from 2018....
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1 day ago
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Toth replied to the topic 'Looking for OFF-MARKET Multifamily purchases for 3 separate buyers' in the forum.
1 day ago
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Brent Williams replied to the topic 'Do you use surety bonds?' in the forum.We actually covered Surety Bonds in our most recent Screening Research Report! You all can download it here: www.multifamilyinsiders.com/apartment-fo...ning-research-report
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2 days ago
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a guest replied to the topic 'WANTED MultiFamily complex to Purchase... Must be off Market' in the forum.ARE YOU A CASH BUYER? LOOKING 4 MULTIFAMILY properties? Give me a call 240-682-7862
This email address is being protected from spambots. You need JavaScript enabled to view it.
My name is Donald, and I am a wholesale real estate investor, based in Washington, DC. Our company is currently looking for motivated cash buyers, interested in quality high profit deals. Our...
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2 days ago
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a guest replied to the topic 'Has anyone tried to do away with commissions?' in the forum.The company I work for splits commissions for new leases and renewals among the whole team-including maintenance. I love that they do it this way! If a leasing agent shows an apartment and doesn't do anything else, it's not fair to the rest of the team. What about follow-up? What about scheduling...
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2 days ago
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a guest created a new topic ' Has anyone tried to do away with commissions?' in the forum.We have so much drama with our leasing agents over commissions for both new leases and renewals. Has anyone tried to do away with them all together and just pay them a higher rate$/hour?
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2 days ago
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Mindy Sharp, a guest replied to the topic 'Permit Only Resident Parking' in the forum.I just made an announcement that our community was implementing a permit parking system. I outlined what the Resident was expected to do to comply so their vehicle was not towed.
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3 days ago
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Terry Brewer created new blog post Boosting Employee Wellness in Multifamily Training and Career Development
To build productive and thriving onsite teams – that's the goal of leaders everywhere. But the creation of high-performing employees involves more than simply training them for their specific jobs. Companies have to truly care about t ...
3 days ago
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commercial brokers international created new blog post Opening more doors for women in commercial real estate in Multifamily Training and Career DevelopmenttheRRD's Joe Killinger sits down with Sturai Yusufi of C ...
3 days ago
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a guest replied to the topic 'Can a military resident break their lease due to a divorce?' in the forum.Sherri Cokain Weise when I do training, I always tell people they have to figure out what works for them. And that is long as they are in compliance with the law they will be fine.
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3 days ago
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a guest created a new topic ' Can a military resident break their lease due to a divorce?' in the forum.Question: can a military resident break their lease due to a divorce? This is what he said:
“the military-civilian act: it allows and service member to break a legal agreement upon approval of the command”
Can this hold water?
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3 days ago
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Jessica Fiur created new blog post The Boston Marathon, and Why You Shouldn't Pit Your Leasing Agents Against Each ... in Apartment Leasing
3 days ago
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a guest replied to the topic 'Written policy/procedure regarding safety for maintenance when hauling appliances?' in the forum.Nancy Harper Casteel great response. I am looking to draw the correlation between what Management would expect versus what is say common sense versus how the emergency on call would respond.
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4 days ago
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a guest created a new topic ' Written policy/procedure regarding safety for maintenance when hauling appliances?' in the forum.I had a maintenance person express his concerns about hauling appliances to 2nd story apartment homes. Does anyone have any written policy/procedure regarding safety for maintenance when hauling appliances?
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4 days ago
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Lori Hammond created new blog post Community Contacts Create Outreach Opportunities in Property Management
4 days ago
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Toth replied to the topic 'Looking for OFF-MARKET Multifamily purchases for 3 separate buyers' in the forum.I do indeed. Basic info below.
54 Rental Units (HAP) on Chicago's west side for Sale
Off-Market Purchase price: $3,575,000.
➢ There are 41,750 total square feet. The zoning is R-4 (Chicago Austin Submarket)
➢ Located in the Austin Area on the west side of Chicago.
➢ The seller has in place...
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4 days ago
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Matt Clark, a guest replied to the topic 'How does your property handle lockouts after hours?' in the forum.Caitlin, all of our apartments are within access-controlled buildings where a locksmith can't even get access to the apartment door. So, our managers handle lockout calls after verifying photo ID and comparing it to active Lessees in the management software. We charge a $50.00 fee that the...
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5 days ago
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Fayez replied to the topic 'WANTED MultiFamily complex to Purchase... Must be off Market' in the forum.What is the occupancy rate on this?
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5 days ago
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Fayez created a new topic ' Looking for OFF market deals on Apartments in San Antonio, TX!!!' in the forum.
Looking for OFF market deals on Apartment complexes in San Antonio, TX or Houston, TX areas.
Preference
- Building Class (C/B) in a B area
- occupancy rate (90% or higher)
- Cap Rate (6% or higher)
- CoC return of (10% or higher)
Budget of 1.5m or less.
Please let me know if we can work out a...
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5 days ago
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a guest replied to the topic 'Looking for OFF-MARKET Multifamily purchases for 3 separate buyers' in the forum.We are looking to purchase off market multifamily buildings. Do you have access to any Section 8 HAP contract or LIHTC properties preferably between 75 to 350 units?
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5 days ago
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a guest replied to the topic 'Renewal Gifts' in the forum.We offer renewal gifts on 12 months, but offer shorter terms also. Smaller rent increase, rent credit, complementary carpet cleaning.
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5 days ago
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a guest added a new comment in Leasing, there is nothing basic about it, part 4 - Overcoming objectionsWhat are some objectives around not having ceiling fans in the living and bed room?
5 days ago
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Joe Killinger created new blog post What you need to know about service dogs & emotional support animals. in Property Management
5 days ago
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a guest created a new topic ' How does your property handle lockouts after hours?' in the forum.I've got another question!
How does your property handle lockouts after hours? How do you verify a resident?
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5 days ago
