Verma Capital

I’ve come across this question so many times. My strategy always starts with targeting apartment properties that are sent by apartment brokers.

That’s right. Even in the apartment rental business, just like there are real estate agents for homes, there are basically apartment brokers for apartments.

These brokers send me their deals. I then find those properties with proven track records and cash flow numbers that verify long-term profitability.

I don't usually buy properties that lose money. But there are certain situations in which I may take the plunge like if a property is losing money for no other reason than that it's mismanaged, or a lot of units have been boarded up or shuttered.

But if the property generally is a grossly under-performing location - it is hemorrhaging money, then I may not look at it as closely. Those under construction or newly built ones are not typically generating a steady flow of cash. 💸

But investing in an apartment complex is like buying an already established business that’s already making money.

Happy Investing!

- Neal