There are a few apartment complexes up for sale in my area- smaller buildings with anywhere for 5-25 units. They are all in a reasonably good part of town. It occured to me that this might be a great way to live. Own an apartment complex- live in it- run it- and live off of the profit from the rentals. Soooo- I’ve never done anything big like that. I don’t even own a house!! So what do I do to get started?? What steps should I take to own and run an apartment complex? I know I’ll need a loan- where do I go for that? Do I need business licenses? Basically can someone walk me though this?? Thanks in advance!!
Sell and Rent Back
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