Commercial Real Estate

Buy an Apartment Building with No Guru Included

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67 Articles Written
There are many thousands of savvy investors across the United States who would love to begin investing in apartment buildings but they just don’t have a plan for success. In other words, they don’t have a clear understanding of the necessary skills, knowledge, and mechanics of commercial real estate investing. Unfortunately, there are very few [...] View the full article: Buy an Apartment Building with No Guru Included on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

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    Joshua Dorkin
    Replied almost 12 years ago
    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.
    Jeff-College Station Real Estate
    Replied almost 12 years ago
    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.
    steve jenings
    Replied almost 12 years ago
    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.
    Alice Spencer
    Replied almost 12 years ago
    Very good article, most informative.
    Nadine
    Replied almost 12 years ago
    Nice tips. I agree that research and pre studay is a must before we decide to make any investment, even in other business.
    Nadine
    Replied almost 12 years ago
    Nice tips. I agree that research and pre studay is a must before we decide to make any investment, even in other business.
    MoneyMan
    Replied almost 12 years ago
    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.
    David
    Replied over 11 years ago
    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!
    Dugal Watkins
    Replied almost 11 years ago
    Not yet! Thank you.