http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/ Learn, Network, Invest Mon, 21 Jul 2008 00:48:31 +0000 http://wordpress.org/?v=2.5.1 http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-58444 David Thu, 17 Jul 2008 01:42:36 +0000 http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-58444 As an owner of several apartment buildings (for over 25 years), I can tell you that people underestimate the work involved once they buy the building. They have grand ideas of buying cheap and flipping. You know how there is always a long list of things to do around your own house? Multiply by 5 and you have some idea of what it takes to keep a five-unit building in top shape! As an owner of several apartment buildings (for over 25 years), I can tell you that people underestimate the work involved once they buy the building. They have grand ideas of buying cheap and flipping. You know how there is always a long list of things to do around your own house? Multiply by 5 and you have some idea of what it takes to keep a five-unit building in top shape!

]]> http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-57276 MoneyMan Sun, 08 Jun 2008 03:39:06 +0000 http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-57276 Apartment building investing is a very specialized field. A very concise system is required to make it profitable. A quality property management company may be your largest factor to be profitable. Apartment building investing is a very specialized field. A very concise system is required to make it profitable. A quality property management company may be your largest factor to be profitable.

]]> http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56632 Nadine Wed, 07 May 2008 05:29:26 +0000 http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56632 Nice tips. I agree that research and pre studay is a must before we decide to make any investment, even in other business. Nice tips. I agree that research and pre studay is a must before we decide to make any investment, even in other business.

]]> http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56629 Alice Spencer Wed, 07 May 2008 02:51:19 +0000 http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56629 Very good article, most informative. Very good article, most informative.

]]> http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56628 steve jenings Wed, 07 May 2008 02:50:27 +0000 http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56628 Good story, I agree with the comment that many educators talk about their sucess usually in a rising market . I t would be could if they could cover their plans for each type of market, ie; stagnant, rising or falling. Good story, I agree with the comment that many educators talk about their sucess usually in a rising market . I t would be could if they could cover their plans for each type of market, ie; stagnant, rising or falling.

]]> http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56620 Jeff-College Station Real Estate Tue, 06 May 2008 19:00:05 +0000 http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56620 This is great... Real estate has always been a strong option for investors. College Station Texas is really a great area that I would encourage investors to look at. This is great… Real estate has always been a strong option for investors. College Station Texas is really a great area that I would encourage investors to look at.

]]> http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56615 Joshua Dorkin Tue, 06 May 2008 14:30:23 +0000 http://www.biggerpockets.com/renewsblog/2008/05/05/buy-an-apartment-building-with-no-guru-included/#comment-56615 Great tips, Ted! Many of the gurus do lead people to think that they can simply sit at home and manage a portfolio of apartment buildings with very little work. Having a detailed plan and a strong team is essential for succeeding with commercial apartment investments. Well said. Great tips, Ted! Many of the gurus do lead people to think that they can simply sit at home and manage a portfolio of apartment buildings with very little work. Having a detailed plan and a strong team is essential for succeeding with commercial apartment investments. Well said.

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