All Forum Posts by: Nathan Flanigan

Hello, I have a hard time figuring out what forum I should be posting in so hopefully this is the right one.  Despite being an experienced carpenter I'm very new to this, I'm reading Brandon's book and listening to lots of the podcasts.  One question that keeps popping into my head is, "What does a real estate investor do all day?"  I know this isn't going to be the same for everyone, and I know some days are different than others.  But, if you'd care to, please walk me through an average day.  

What time do you wake up?

What do you read while you're having coffee?

Then what?

What time do you go to bed?

Thanks!

Hey G Nice, I think there's some truth to that.  I've been surprised at what some of the rents are around K&A.  

I'm not looking for 10% per se, right now I'm really just looking to understand my local market in relationship to all of the available info and advice here.

Hi Andreas, if you can find that webinar info please pass it along.

I'm looking to keep things simple right now.  I'm an experienced contractor, I have the skills to do rehabs but not the time or the cash really.  I'm comfortable taking on a project that needs sprucing up, painting, tearing up carpet, that sort of thing.  Under what circumstances would a 10% cap rate be likely?  Meaning where should I be looking?

Thanks!

Hi, I'm putting together financing and doing research for my first investment purchase. I'm in Philadelphia, my realtor told me that a 5%-6% cap rate is what most properties here see. That seems a good bit lower than the 10% outlined here...

http://www.biggerpockets.com/renewsblog/2010/06/30...

I'm wondering if anyone has any specific experience in Philly and what kind of numbers I can hope to expect.

Thanks for your time!