Quick Poll on Capitalization Rates
Friday, November 24
As a Chicago area realtor, I have been able to find well-maintained multi-unit apartment buildings with Capitalization Rates higher than 7%. What types of non-Illinois multi-unit Cap Rates has everyone been seeing nationwide?I recently spoke with an Midwest investor who has been finding 11%+ cap ...
Landlord/Rental Investor Tip -- Pull Credit Yourself
Thursday, December 10
Never accept credit reports provided by applicants since they may be ‘doctored’ (altered to show a higher ‘fake’ credit score).I occasionally see landlords who approve the renter and don’t pull credit. – Always pull credit and try not accept scores lower than 600. If they had a hardship (such a...
Paint with Neutral Colors to get Top-Dollar
Tuesday, August 19
Are you preparing your home to sell or rent? -- Painting your home, rental income property, or commercial space can be stressful but doesn’t need to be.Throw away all those paint swatches! -- All you need are neutral colors such as Light Sand, Beige, or Light Grey. -- By painting with light...