All Forum Posts by: Andy N.
Andy N. has started 32 posts and replied 109 times.
Post: Neighbors trees are on my building

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40
Post: Neighbors trees are on my building

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40
Post: Is a bad buy and hold deal possible?

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40
Post: Just Closed a 240 unit Apartment Complex

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40
@Brian Adams I closed on a 48 unit today. Hope to someday move to the bigger properties like yours!
Post: Just Closed a 240 unit Apartment Complex

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40
That's great!
Post: 48 unit closing on Monday

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40
Originally posted by @Account Closed:
- @Andy N.
First congrats! That is great and you are stepping into a large amount of doors that are already performing!
Quick question. I just acquired 66 units (22 & 44) plex. Do you have onsite management? Or do you have a PM team that manages the units? Curious anyone's thoughts on this topic and how management works for a larger plex. Also what is the average management fee paid once over say a 12-plex? Will you also have onsite maintenance team?
Best of luck in your new purchase!
I appreciate it. The property currently has a part time on site manager. I am going to be transitioning to a new property management company (current is going to retire). I think we will move away from having the onsite. The management fee seems like it is going to fall in the 8-10% range.
Post: 48 unit closing on Monday

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40
Post: 48 unit closing on Monday

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40
Post: Cost of 48 unit inspection

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40
Post: 750+ Available Properties in Multi-States

- Investor
- Hopkinsville, KY
- Posts 111
- Votes 40