Comments on: Buying Apartment Buildings http://livingoffdividends.com/2006/05/01/buying-apartment-buildings/ Join me on my journey to achieve financial independence through dividends, passive income and investments Thu, 09 Feb 2012 20:39:20 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Empty Spaces Inc. http://livingoffdividends.com/2006/05/01/buying-apartment-buildings/comment-page-1/#comment-184 Empty Spaces Inc. Sun, 07 May 2006 02:15:00 +0000 http://www.livingoffdividends.com/2006/05/01/buying-apartment-buildings/#comment-184 appreciation in apt bldings can follow the same seen in regular homes.<br/><br/>For example, the CAP rate on apt bldings in San Diego has dropped from 8-9% several years ago to 3%. Meaning if you paid cash, you'd get a lousy 3% on your money. This means you'd pay about 3 times more for the building than you would've say 8 years ago. this is approximately the same rate of appreciation that regular homes have seen.<br/><br/>However, usually apt bldings are only as good as the rent they bring in. appreciation in apt bldings can follow the same seen in regular homes.

For example, the CAP rate on apt bldings in San Diego has dropped from 8-9% several years ago to 3%. Meaning if you paid cash, you’d get a lousy 3% on your money. This means you’d pay about 3 times more for the building than you would’ve say 8 years ago. this is approximately the same rate of appreciation that regular homes have seen.

However, usually apt bldings are only as good as the rent they bring in.

]]> By: makingourway http://livingoffdividends.com/2006/05/01/buying-apartment-buildings/comment-page-1/#comment-183 makingourway Sat, 06 May 2006 07:01:00 +0000 http://www.livingoffdividends.com/2006/05/01/buying-apartment-buildings/#comment-183 what kind of appreciation can you look toward in apartment buildings?<br/><br/>I've always heard it's less than houses.<br/><br/>regards,<br/>m what kind of appreciation can you look toward in apartment buildings?

I’ve always heard it’s less than houses.

regards,
m

]]> By: Theparanoidinvestor http://livingoffdividends.com/2006/05/01/buying-apartment-buildings/comment-page-1/#comment-179 Theparanoidinvestor Thu, 04 May 2006 20:59:00 +0000 http://www.livingoffdividends.com/2006/05/01/buying-apartment-buildings/#comment-179 Hands down the best book I have read is http://www.amazon.com/gp/product/0471684058/ref=pd_lpo_k2a_1_img/002-2680496-6335202?%5Fencoding=UTF8<br/><br/>The complete guide to buying and selling apt buildings by steve berges. Vollouci's book sounds great, but those are just examples of how you have made a million dollars, someone said he never really bought those markets.<br/><br/>See you on sdcia.com. Did you establish those connections to Indianapolis? I think you were going to buy reo's. Hands down the best book I have read is http://www.amazon.com/gp/product/0471684058/ref=pd_lpo_k2a_1_img/002-2680496-6335202?%5Fencoding=UTF8

The complete guide to buying and selling apt buildings by steve berges. Vollouci’s book sounds great, but those are just examples of how you have made a million dollars, someone said he never really bought those markets.

See you on sdcia.com. Did you establish those connections to Indianapolis? I think you were going to buy reo’s.

]]> By: pyroracing85 http://livingoffdividends.com/2006/05/01/buying-apartment-buildings/comment-page-1/#comment-175 pyroracing85 Tue, 02 May 2006 13:46:00 +0000 http://www.livingoffdividends.com/2006/05/01/buying-apartment-buildings/#comment-175 Also check out some real estate investment firms.<br/><br/>This is how they aquire property with these requirements.<br/><br/>They don't purchase properties with less then 80% occupancy unless a renovation is needed<br/><br/>Also they don't purchase any older than '85<br/><br/>http://www.cnccommunities.com/whoweare.htm Also check out some real estate investment firms.

This is how they aquire property with these requirements.

They don’t purchase properties with less then 80% occupancy unless a renovation is needed

Also they don’t purchase any older than ‘85

http://www.cnccommunities.com/whoweare.htm

]]> By: pyroracing85 http://livingoffdividends.com/2006/05/01/buying-apartment-buildings/comment-page-1/#comment-174 pyroracing85 Tue, 02 May 2006 13:44:00 +0000 http://www.livingoffdividends.com/2006/05/01/buying-apartment-buildings/#comment-174 This is WAAY over my league right now chief. The only advice I could probably give you maybe check out the brokerage? Talk to them you know bullshit around and let common sense make a decision for you.<br/><br/>The brokerage in real estate I know are.<br/><br/>-Cushman and Wakefield<br/>-CBRE<br/>-Colliers Arnold<br/><br/>I am sure there are more but that is all I know. On their websites there is many apartment complexes. This is WAAY over my league right now chief. The only advice I could probably give you maybe check out the brokerage? Talk to them you know bullshit around and let common sense make a decision for you.

The brokerage in real estate I know are.

-Cushman and Wakefield
-CBRE
-Colliers Arnold

I am sure there are more but that is all I know. On their websites there is many apartment complexes.

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