Need Low Income Housing
We are in the market for low income housing. Must have a NOI of $1,500,000.00 no less. Student, assisted living, and mf or land zoned for 500-600 units.
Visit "General Inquiry" tab at our website if you can supply any of the above.
Respectfully,
Kirk
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[ Edited by Aim2 on Date 03/14/2012 ]
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"Landlording" by Leigh Robinson. Refreshingly free of "guru games" and written for the self-manage landlord.
Currently own & manage 2 12units in Northern VA, as well as 4 SFHs, same area. Investing as buy & hold and occasional rehabber since 1992, was "slave labour" to my parents who did the same, my whole life. Been involved in somewhere over 3 dozen properties in last 20 years.
The "guru games" and such have always given me a case of the heebie-jeebies. I try to keep it simple: I buy distressed crap properties in decent areas, usually "starter" type homes, and renovate them nicely (NOT a "Nickerson" rehab, if anyone knows that old reference). I then find decent tenants, or sell retail.
What he said. Landlording. Yellow book. Excellent resource.
Yellow Book?
Please explain.
Quote:
On 2010-04-14 09:43, rmdane2000 wrote:
What he said. Landlording. Yellow book. Excellent resource.
Join the Institute for Real Estate management. They have the functional equivalent of a college degree in Property Management complete with textbooks, etc.
No residential units under management at this time but did have 565 units many years ago.
The Big Yellow Robinson Book.
165 units, 18 years