Tag: NOI
The Apartment Deal that Wouldn’t Die
About 2 months ago an apartment agent contacted us about an apartment project up the road from another one that we owned in Homewood, Alabama. This property represented a step up from the projects that we normally entertained but the NOI (net operating income) was strong and easily verified, financing was readily available, we had good…
Apartment Foreclosure Investing is Getting Hotter
Apartment Foreclosure Investing I have great news. Foreclosure apartment investor extraordinaire, Michal Ballard, is back sharing his wisdom. He’s been extremely busy buying apartments this past year and sees tremendous upside in the apartment investing market. I’ve asked him to write some posts on the opportunities for foreclosure apartment investors for the rest of this…