Anonymous

Spam prevention
Rainmaker
1,401,883
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

A budget would be dependent upon which specific state this Warwick is in, and how big a building you want, and whether you want to purchase with tenants already in place, or without. Do you want a building that you need to fix up and then rent, or one that is fully rented and ready to go? What do you want your cap rate to be? Are you going to live in the house yourself or just rent it? What do you want to pay for taxes? What are the rental rates in the area? etc etc....  There is a lot that goes into figuring out whether a specific multi-family home is doable or not...

If your Warwick is in NY, call me!

Jul 31, 2018 03:20 AM
Rainmaker
910,422
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

HUH? Details man, details!

Image result for seriously?

Jul 31, 2018 05:04 AM
Rainmaker
4,864,136
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

I've never seen a multi family home in an active adult community!!!!  they're maintenance free condos.... seniors do not want to kick in doors to collect rents!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Jul 31, 2018 05:31 AM
Rainmaker
2,970,375
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Not sure what you are asking. Where is Warwick?

Jul 31, 2018 04:25 AM
Ambassador
1,610,436
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Warwick in England? Your question is unclear.

Jul 31, 2018 04:23 AM
Rainmaker
3,237,942
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Personal, financial and others for start.

Jul 31, 2018 05:38 AM
Rainmaker
1,504,160
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

Warwick where? The internet is international in scope.

There is nothing wrong with over 55 communities. Wish you luck. We have tons of them here in IL & people are as happy as can be there. All inclusive kinda place.

Jul 31, 2018 05:23 AM
Ambassador
3,181,746
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Kat Palmiotti gave you a great answer!

Jul 31, 2018 05:06 AM
Rainmaker
1,816,801
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Is there competent full time Property Management available ?

Jul 31, 2018 06:37 AM
Rainmaker
1,134,984
Joyce Marsh
Regal | Christie's International Real Estate - Orlando, FL
Regional Manager Regal Christie's Int'l Realty

With such limited information it is very difficult to answer your question. 

Jul 31, 2018 06:27 AM
Rainmaker
2,890,027
Richard Weeks
Dallas, TX
REALTOR®, Broker

Regardless of the location I would focus on cap rate.

Jul 31, 2018 05:50 AM
Rainmaker
2,939,752
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Typically multi family homes are not in over 55 communities. People buy in an over 55 community for less maintenance. Owning a multi family home is more maintenance, more work an more stress. Everything that goes against the reason to buy in an over 55 community. 

Jul 31, 2018 05:19 AM
Rainmaker
1,023,712
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Can you guess who posted the question Anonymously? 

Jul 31, 2018 03:56 PM
Rainmaker
4,309,155
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Warwick?  Which Warwick?  Where is Warwick in your question?

Jul 31, 2018 07:27 AM
Rainmaker
983,648
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

what is one's requirement? 1 br, 2 br, 3 br ?????

YOu budget according to your preference.

Jul 31, 2018 07:16 AM
Rainmaker
4,796,451
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't know that market.

Jul 31, 2018 06:42 AM
Rainmaker
742,772
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Adult communities are often considered a population that needs protection - a vulnerable community.

Those who come in an effort to avoid accountability as a member of the blue man group could easily be construed as predators upon this population.

Knowing this, it would be irresponsible to share information not knowing whether you have the education, experience or maturity to use such information responsibly.

Set up a profile.

Jul 31, 2018 06:13 AM
Rainmaker
5,258,704
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

??? Warwick?

Jul 31, 2018 01:40 PM
Ambassador
4,049,695
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Contact an investor in Warwick who specializes in these or their accountant.

 

Jul 31, 2018 09:34 AM
Rainmaker
1,210,129
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Warwick street in my town has multi-family units, but none are active-adult.  Best to find an agent in the specific area you are looking for and ask them.

Jul 31, 2018 08:58 AM
Rainmaker
2,762,673
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Warwick?  

Jul 31, 2018 08:46 AM
Ambassador
2,343,939
Fred Griffin presently on Leave of Absence
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 IDK 

Jul 31, 2018 08:17 AM
Rainmaker
1,206,067
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Clueless  Clueless

Jul 31, 2018 07:47 AM
Rainmaker
3,049,771
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D nailed this one!

Aug 02, 2018 05:49 AM
Rainmaker
649,976
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

First thing that you should do is to engage a local Realtor who can answer your questions and help you to buy the house that fits your needs.

Jul 31, 2018 09:30 PM
Rainmaker
3,163,698
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not sure what you are trying to ask? Too many facts left unsaid!

Jul 31, 2018 04:43 PM
Ambassador
4,298,221
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

It is up to the individual for sure.

Jul 31, 2018 04:24 PM
Ambassador
2,177,594
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Contact an experienced, local agent that can supply answers. Much more information is needed to even get started. Good luck to you!

Jul 31, 2018 01:32 PM
Rainmaker
4,018,153
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gita Bantwal is from Warwick PA, and has vast knowledge of 55+ properties, give her a call.

Aug 04, 2018 04:27 PM
Rainmaker
3,977,511
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

You need to talk to the governing authority

Aug 01, 2018 08:34 PM
Rainmaker
4,431,972
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Barbara has a good answer.

Aug 01, 2018 05:44 AM
Rainmaker
2,700,815
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Many great responses.

Jul 31, 2018 06:00 PM