apartment complex for sale
apartment complex for sale
Everyone these days is renting, or if they already have a house they are probably asking for second mortgage, life has become so expensive. If you have family then the kids have needs for school, tutoring classes, after school activities, clothing etc. If its just you and your partner your probably looking to settle in and open a home for yourself, but why buy or take a mortgage on a house when you could purchase something cheaper like an apartment complex, there are so many apartments these days that are duplexes they are like a mini house for those who are starting up with low prices.
Apartment rentals are common these days, most likely in the household you have the mom and the dad working hand in hand to provide for their children and if your not married and trying to save some money to get a house; renting apartment complex homes is a great way to start your life and it will help you save loads of money. A while go, my friends and I where sitting in bar next to this bar there was a piece of land with sign for sale, as I was going home that night I thought to myself why not buy this piece of land and turn it into an apartment complex, and sell or rent these apartments later.
I gathered some engineers around and took them to this land for sale, they estimated the cost of building and fixing for this land it was something about half million dollars, that’s including decor and a proper gate. Keep in mind that this was a small piece of land, so I talked to some of my business consultant friends and had them estimate my profit if its a rental or if I sold any of these apartments they said I would have my capital after one year of opening this business, so the ROI for an apartment complex for sale is about sixty percent. To me that’s a winner, so I went ahead and bought the land and started marketing my complex as through my process I had many people call me and ask to become partners in this project I’m building, I asked around and not one business consultant said no to having a partner they all said this is a away for me to make more money since I’m the owner of the business project. So, I went forth with this plan of mine and continued with my apartment complex with partners and I realized that if you have the capital for it than go ahead if not look for people that could have this kind of capital give them the idea and implement it for you.
