I am a semi-newbie coming out of Houston, TX and I am glad to be a part of this community.

Hello everyone,

My name is Ben West, I live in Arlington, Tx. My father first started investing in RE around 1972. He was an Army officer looking for a better retirement package. Long story short, he accumula...

I sure hope my 4th deal (when the time comes) goes semi smooth, I sure could use a break. lol

I was asked by my boss today to stop being a bird-dog, and to start bringing investors in. Basically, if someone invests $50,000 or more, they receive 10% ROI in 6 months no questions. How should I go about finding...

The unit is in a semi-decent part of Kalamazoo Michigan.It's been converted from a SFH to a 4-unit and is listed at around $120k.

Then make sure you have adequate reserves to cover all costs associated with this scenario (loan payments, repairs or deductible in case of insurable damage, losses due to covering temporary living cost for tenant if needed, etc) and maintain that amount in a semi-liquid account.

Right now, our "remote" team is only semi-remote as everyone lives in MA and does a few days to a week in the office once a month.So, if they approve me for out of state telecommuting, I'm moving to the Orlando area and will look for property there and if not, I'll most likely be looking in Worcester county or somewhere else in Massachusetts that isn't Boston (which I can't afford!).

Today was our scheduled semi-annual inspections of all of our rental properties.

Will it help me go from a semi-clueless newbie to ready to buy my first property?

Cap rates of 6-12% seem to float around.Then, as far as buying a business, it is common to buy in multiples of earnings, ie. 2x-5x earnings, or more or less depending on the industry.Now, I was once looking to buy a convenience store (franchise) and it seemed as if I'd be buying around 2.5 times earnings, so higher than a 6-12% cap rate, but obviously that makes sense because it is much more work than a semi-passive apartment complex with a manager, or something along those lines.