Closed on an apartment deal while traveling overseas ;-)

來源: nh97 於 2023-08-01 02:14:15 [] [舊帖] [給我悄悄話] 閱讀數 : (750 bytes)
本文內容已被 [ nh97 ] 在 2023-08-01 02:21:59 編輯過。如有問題，請報告版主或論壇管理刪除.

Been visiting families in China for 1.5months, traveled 7 beautiful cities in mainland, HK and Japan...Just closed on a deal on last Friday, it was put under contract a month prior to the trip. This is a private sale, dealing with an extremely difficulty and crazy seller remotely.

19apartment units (15 2bed and 4 3bed), 4 commercial garages with an office room and a bathroom in each. two vacant apartment units. all below market rent ($200-$300 upside). purchase price $1.9M is at around 8% in-place cap. $150k renovation budget for exterior and in-units. 12-24month turn-around period, looking to achieve $1M increase in value. 

Time to roll up the sleeves and get dirty! 

所有跟帖： 

• 大手筆！祝賀！ -DD2020- ♀ 給 DD2020 發送悄悄話 DD2020 的博客首頁 (0 bytes) () 08/01/2023 postreply 04:37:00

• congrats! -smlandlord- ♂ 給 smlandlord 發送悄悄話 smlandlord 的博客首頁 (0 bytes) () 08/01/2023 postreply 05:48:00

• 祝賀 -不聲不響- ♂ 給 不聲不響 發送悄悄話 不聲不響 的博客首頁 (0 bytes) () 08/01/2023 postreply 05:50:00

• Thanks all! good deals are still out there. -nh97- ♀ 給 nh97 發送悄悄話 (52 bytes) () 08/01/2023 postreply 08:21:21

• 厲害！ -新手地主剛上路- ♂ 給 新手地主剛上路 發送悄悄話 (0 bytes) () 08/01/2023 postreply 08:59:04

• 好棒！ -DelightFish- ♀ 給 DelightFish 發送悄悄話 (0 bytes) () 08/01/2023 postreply 09:05:10

• 祝賀！！！ -keeplooking- ♂ 給 keeplooking 發送悄悄話 keeplooking 的博客首頁 (0 bytes) () 08/01/2023 postreply 21:35:59

• 恭喜恭喜！厲害厲害！ -南沙翁- ♂ 給 南沙翁 發送悄悄話 (0 bytes) () 08/02/2023 postreply 06:09:22

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