How much does it usually cost to build an apartment building?
Q. How much does it cost to build an apartment building? is it usally a set amount per apartment (e.g. $40,000 per apartment in a 200 aparment complex) or is it more of a generalized cost? Well, i'm thinking about adding a complex onto my current commercial/residential land in NH. I wanted to get a basic idea raw costs of building it.
Asked by whytepizza - Fri Oct 24 17:28:36 2008 - - 1 Answers - 1 Comments

A. I don't normally generalize as I want specifics when it comes to spending money and being on a budget. Since most on this forum are real estate agents or mortgage agents I don't think most of us will be able to come up with a qualified answer to your question. There are several factors that goes into estimating the cost of building an apartment building. You can build this same 200 unit complex cheaper in Mississippi than you can in Long Beach, California so the area will really play a major role in the cost. Then there is the city and it's infrastructure, as far ass roads, utilities and emergency set ups that must be taken into consideration. Will a city even allow you to build such a complex and give you the permits to build such a… [cont.]
Answered by loanmasterone - Fri Oct 24 17:52:56 2008

Can you make a vacation home apartment building in the sims 2?
Q. i have apartment life and bon voyage expansion packs for the sims 2, and i want to make a condo building, but i don't know if that would just make an apartment building to live in all the time or you can actually have a building with other people in it that you own, if you know what i mean. like if you own a condo at the beach, but there are other people in the condo building. not like a hotel... haha, i have the sims 3, but i like the sims 2 expansion packs.
Asked by :] - Fri Nov 6 18:25:24 2009 - - 2 Answers - 0 Comments

A. Hi, I am not sure if this is possible but here is one way that you could try. Build your condo and make sure you have the apartment doors (You know the ones with the welcome mats) so that it knows which room is separate. Then type ctrl shift C to open up the cheat box. Type in changelotzoning apartmentbase and press enter. This cheat turns normal buildings into apartments. however. Since you are trying to make a vacation home it may not work. You might not be able to move into in or move out again. This is just a suggestion that I would try first. I'm sorry if this does not work, I do not know any other way it would be possible. Hope I could help
Answered by Talulah J - Mon Nov 9 09:11:40 2009

How do I calculate a apartment building investment cash flow after taxes or before taxes?
Q. I am going to invest in a apartment building using a loan. Is it the noi-annual debt service-annual mortgage payments-the annual loan paybacks-income taxes? If this isn't right, then please provide the proper way of determining my actual annual profit after taxes or pre-tax.
Asked by boss - Wed Apr 16 12:11:17 2008 - - 1 Answers - 0 Comments

A. You need to calculate the after-tax rental income first, then after tax cash flow second. First after-tax income from the property. Income a) gross income from the rentals Expenses b) mortgage interest c) depreciation (assume 80% of the purchase price is depreciable building, thus annual depreciation is purchase price * 80% / 27.5 years or about 2.9% of the purchase price) d) real estate taxes e) rent loss due to vacancy, tenant f) management fee g) maintenance fee h) insurance Income - expense would give you roughtly taxable rental income from the property. Assuming the rental bldg generates a (paper) loss, you can apply it towards your personal ordinary income and use it to reduce your ordinary income. If you show a rental profit,… [cont.]
Answered by GatorABS - Wed Apr 16 13:06:18 2008

What's the shortcut to print consecutive apartment labels for a building?
Q. I am doing a mass mailing for an apartment building and need to print out labels for it, with the apartment number on the labels. Is there a shortcut for this? There are like 600 apartments and it will take forever to type in each apartment number one by one. Can I do this on Excel? Or can I buy soem kind of inexpensive machine? Please give me detailed directions. I am over 18
Asked by Annanamiss - Fri Jun 4 15:09:55 2010 - - 2 Answers - 0 Comments

A. Yes, you can do a mail merge from an Excel spreadsheet or Word document if you already have one set-up. Or use the wizard to setup a new one, because you will probably need to do it again.
Answered by Albert F - Fri Jun 4 20:05:32 2010

I want to buy my first apartment building wih no money or with seller financing?
Q. Looking for apartment building, and want to buy an aprtment building with no money. If theres anyone out there willing to help me buy my first apartment Building. Kind Regards Why everyone is taking this for a joke wyle im serious im new to this all i need is an mentor.
Asked by jesus4ini - Sun Nov 9 14:22:01 2008 - - 6 Answers - 0 Comments

A. That is the type of thinking that got millions of people into foreclosure and caused a real estate bubble. Only buy an investment property with a minimum 20% down and positive cash flow coming to you. Have a long term plan to hold property and move on from there.
Answered by singlewkl32 - Sun Nov 9 14:31:53 2008

Can you build an apartment building on a commercial property in Toronto?
Q. Is it possible to build an apartment building on a commercially zoned property in Toronto?
Asked by Mr. SP - Thu Mar 4 10:15:24 2010 - - 1 Answers - 0 Comments

A. Check with zoning for that area.
Answered by thresher - Thu Mar 4 10:17:39 2010

If apartment building is being sold do I get my deposit money back?
Q. The apartment building I'm currently living in is being sold to a new owner. What do I do about my deposit money? Technically, when it's sold to a new owner, the previous owner would still have that money & I wouldn't be able to ask the new one for the money back when I'm ready to move out, correct?
Asked by zden999 - Wed Jan 28 09:36:06 2009 - - 9 Answers - 0 Comments

A. Check your lease---Standard procedure is to transfer the security accounts to the new owner. Most leases detail this and if it doesnt you are within your rights to ask the current landlord so you are sure.
Answered by Mr. Fix-It - Wed Jan 28 09:45:59 2009

What is wrong with the plumbing at my apartment building?
Q. I live on the 3rd (top) floor of an apartment building. Lately, about every 5-10 minutes in the bathroom I hear a loud whooshing noise in the wall that sounds like a waterfall. This week, both my neighbor and my toilets overflowed all over the floor after they were flushed. WHat do you think it could be?
Asked by Maddie Rae - Mon Dec 29 16:16:25 2008 - - 1 Answers - 0 Comments

A. Unless you own the apartment building I would call the landlord. It is his responsibility to fix it.
Answered by Brian G - Mon Dec 29 17:43:08 2008

Is it against Louisiana building codes to rent out a second floor apartment without screens?
Q. I live on the second floor of an apartment building with my young child. Shortly after moving in, I opened the window in my daughter's bedroom to air out the space, and everything on her window sill tumbled down to the ground 2 stories below. That was when I first realized that coulpe that both built the building and rent it saved money by not placing screens in the windows. Is this legal? Seems like a safety issue.
Asked by Silly Me - Sun Feb 15 14:47:37 2009 - - 1 Answers - 0 Comments

A. There is no law anywhere that says a window has to have screens. If you can't see there's no screen before opening a window, you need glasses.
Answered by Resident Heretic - Sun Feb 15 16:22:35 2009

How can I prevent wasps from making their nests on my apartment building?
Q. I keep finding wasp nests under the window sills and any type of overhang on my apartment building. I spray them down at night with the hose, but after a few days they are back! Remember, I live in an apartment so I can't make structural changes.
Asked by Erica - Thu Jun 7 11:55:41 2007 - - 1 Answers - 0 Comments

A. a little trick i learned from some of my friends is: where the easement comes out on the bottom of it paint it a light blue (sky blue) the wasp are stupid and they think that it is the sky so they won't build the nest. however anywhere else that isn't blue they will still build them... but thats all i have for you.
Answered by katie c - Thu Jun 7 12:03:53 2007

I am buying an apartment building and want to know how to set it up as a business separate from my personal?
Q. I am pensioned, so I don't want to go through my personal bank account for the apartment building that I am purchasing. I live in the building. How can I set it up as a busines?
Asked by metwood estates - Sat Jun 17 21:22:13 2006 - - 9 Answers - 0 Comments

A. Talk to your banker and get a new checking account with the name or address of the property. do not co-MINGLE funds. Find a good real estate lawyer (just in case) and get information from your local and/or state government offices for specifics you need to know about. This is way too complex for just a note---see link for some helpful information. All the best!
Answered by Miss Anne - Sat Jun 17 21:29:02 2006

Do you need to list both an apartment building number and apartment number on a change of address?
Q. I am moving into a new apartment and they have both the apartment number and the building number. Do I need to list both or just the apartment number when changing my address?
Asked by Brenda - Sat Jun 19 08:13:29 2010 - - 2 Answers - 0 Comments

What is the max amount of pets you can h ave in an apartment building in nyc?
Q. I have to move into an apartment within the next few months. My problem is, i have 3 cats. Would i be allowed to have 3 cats in one apartment building. I'm sure it varies by complex but i am just curious as to what the normal max is in pet allowing apartment buildings. Thank you.
Asked by Beeg - Sat Oct 13 17:40:16 2007 - - 5 Answers - 0 Comments

A. It varies from complex to complex, but in general three or four is the legal limit. Keep in mind that apartment managers often charge extra for each animal; and some will refuse to return your security deposit if they know you have cats or dogs. Please check with your landlord before choosing an apartment complex to move into; so that you can be sure that particular complex is cat-friendly. :) Good luck, I hope this helps!
Answered by Melissa B - Sat Oct 13 21:13:38 2007

What do they usually do during pest control in an apartment building?
Q. My building has pest control schedules, I was told the company will come next week and they want access to the bathroom, closets and kitchen. What do they do when they pest control the apartment? do I need to empty my closets?, I have a cat, a betta and a few indoor plants mostly cooking spices like chives, rosemary, etc, I am wondering if it is safe for my pets and if they will give me trouble because I have plants inside, any advice?
Asked by The reason I'm mad - Mon Mar 12 01:42:00 2007 - - 2 Answers - 0 Comments

A. Did they give you anything to leave for the exterminator? I used to leave a checklist for apartments. The tenants were asked to fill out and leave them on the kitchen table. They were to inform me of any problems or concerns, like pets. The main focus should be inspection, to look for problems. The bathroom and kitchen access is because bugs need water. The closets is probably for mice. Don't empty the closets. Just try to clear the floor. The days of random spraying and baseboard treatment are supposed to be gone. If the exterminator is any good, they will figure out you have a cat in about 2 seconds, and be careful. The plants will be fine. Several herbs repel bugs naturally. They are a good thing to have around.
Answered by bugs280 - Mon Mar 12 08:20:03 2007

How to meet people in my new apartment building?
Q. I just moved into a new apartment building (ok, not just - about two months ago), and I'd love to meet some of my neighbors but I just don't know how! Other than knocking on their door and saying "Hi!" - which I'm just too shy for. Any ideas?
Asked by Morgan - Sat Jun 5 22:20:36 2010 - - 5 Answers - 0 Comments

A. -Going to the pool is a great way to meet people. -While you're at the laundromat, read a book. Make sure the title is visible to others, then you might get people approaching you about it. (But make sure you go at a time when there's a lot of people). -As long as management is ok with it, have a little yard sale in the complex. -Ask management if there are any clubs available. -If you have a lobby and/or gym in the complex, spend some time there. If there's a t.v. with a dvd/vcr player in there, bring some of your own movies and ask other people if they want to watch any.
Answered by Leah - Sat Jun 5 22:29:37 2010

What are the steps of joint partnerships in a home or apartment building?
Q. There is a apartment building that needs work done. The owner offered me a partnership "as-is" if i can fix the place(my expense). What are the legal options or steps? Serious answers only please.
Asked by Ace - Wed Dec 30 18:49:53 2009 - - 1 Answers - 0 Comments

A. Everything in a partnership revolves around two core themes: 1. What risks are each partner assuming, and what efforts are they putting in? What reward does each partner stand to get? Are the risks/rewards fair for each? 2. do the partners have the same business goals, operaing style, and ethics? The rest is details, but there are a lot of them. Don't do this without competent counsel. Form of partnership: Will this business be a legal partnership, a limited liablitily company, an "S-Corporation", "C-Corporation", other? There are legal and tax implications of each, and the partners may have different views and objectives. Regardless of structure, you will need an agreement that covers how the partnership will work: … [cont.]
Answered by Real Estate CFO - Fri Jan 1 11:58:12 2010

How to find a real estate equity partner to purchase an apartment building?
Q. If you needed more money for a down payment on a cash-flowing apartment building in Arizona, where would you look for an equity share partner?
Asked by Purple Mohawk Indian - Thu Mar 26 03:52:56 2009 - - 1 Answers - 0 Comments

A. Oh how I've been there. You have a great place that will cash flow very easily. A total no-brainer of a buy. I saw a place a few years back (before I was in a position to do anything about it) that was about $2m and would bring in about 2x what the mortgage would be if I took a full loan out. And even rounding up on all possible expenses (including full property management) it would still be very positive. But it doesn't matter if you don't have the $. I had nothing to put down -- and the fact that it would cash flow and pay the loan off even with nothing down wasn't an argument the lenders wanted to hear (btw, did I say that I hate lenders yet?) So here is what I'd do... 1) Go to loopnet.com and see if you can find a lender based… [cont.]
Answered by codysdoor - Thu Mar 26 09:45:22 2009

How do I open my NAT in an apartment building?
Q. I recently moved into an apartment building and I'm trying to get my xbox (360) live working. I can connect and play games but I can't join anybody's party. It says I need to open my NAT but I don't know how to since I'm directly connecting to the wall and have no modem or router.
Asked by Mike H - Sun Oct 18 15:11:20 2009 - - 1 Answers - 0 Comments

A. you can't open a nat on the phoneline only on routers or moderns your phone line is Conntect to your isp, talk to your isp about it
Answered by Avatar Darkness - Sun Oct 18 15:18:51 2009

What is a ballpark per-unit profit on a 50-100 unit apartment building in Southern California?
Q. I know the variances can be significant, but I mean, generally speaking, what is the per-unit profit on a 50-100 unit apartment building in So Cal after: operating expenses, insurance, and an average commercial loan structure. $100 per unit? More or less? Am I even close?
Asked by Darkwolfe - Fri Jan 18 16:40:41 2008 - - 2 Answers - 0 Comments

A. LIke the gal says above, a lot of variables, and I'd like to throw in the economic area location of the apartment. If you cater to mostly blue-collar working class, you'll have security issues of vandalism, burglary, etc.., where your overhead may increase because you need to hire a security guard to patrol the area. I use to be a security guard, and some of my post assignments were apartment complex. They called for security guard service because the crime and vandalism was compelling some of the reliable (good $$ earning) tenants to move out. When you have good reliable tenants move out, they're not easy to replace. Most people looking for an apartment (in city areas) often have bad credit, past history of eviction, and drug… [cont.]
Answered by Rent-a-cop - Fri Jan 18 17:22:09 2008

How do I get rid of soap residue on clothes in an apartment building setting?
Q. Hello Peeps! I live in an apartment building, I have washed the same clothes now 3 times and every time I get soap residue.. is there anything I can do to help this problem? thanks!
Asked by Crystal F - Tue Apr 22 20:36:30 2008 - - 3 Answers - 0 Comments

A. In the final rinse add a cup of white vinegar. In the future try using less detergent. Also try using liquid detergents...
Answered by @y - Tue Apr 22 21:33:01 2008