Millionaire Entrepreneur Forum - View Single Post - Can you get into buying multi apartments with $200,000

andviv · Feb 22nd, 2008, 04:33 PM

by turn-key I meant that you buy the property and it is ready and fully operational, with just minor 'cosmetic' fixes (some painting, landscaping, etc)
yes, you are correct, rehabbing means major repairs and updates.

I suggest you read these two books to get a better idea of what I am talking about:
How to buy and sell apartment buildings
and
The complete guide to buying and selling apartment buildings
(yes, you can read'em online, thanks google)

I don't know how the investment rules are for "foreign investors" but for sure that should not be a big issue.

Feb 22nd, 2008, 04:33 PM	#8 (permalink)
andviv Level: Moderator Joined: Jul 2007 Locale: Northern Virginia Posts: 2,603 Thanks: 83 Thanked 157 Times in 114 Posts	Re: Can you get into buying multi apartments with $200,000 by turn-key I meant that you buy the property and it is ready and fully operational, with just minor 'cosmetic' fixes (some painting, landscaping, etc) yes, you are correct, rehabbing means major repairs and updates. I suggest you read these two books to get a better idea of what I am talking about: How to buy and sell apartment buildings and The complete guide to buying and selling apartment buildings (yes, you can read'em online, thanks google) I don't know how the investment rules are for "foreign investors" but for sure that should not be a big issue.