Be thrilled if you get 2%.

New to the BP community and am so thrilled to of found it.

I'm thrilled to have stumbled across this website, and even more to see other new members here in Texas!  

For me, just trying to diversify from the stock market, I was thrilled to make stock market type returns (8-ish per year) with less risk than stocks.

I almost purchased a two family with 2700 square feet seven years back for ~$900k - now that same home is probably worth at least $2mm BEFORE the coming "Amazon effect"second choice would be a non-landmarked 2-3 family house not more than .5 mile away from the 7 train. third choice a smaller multi-family building. cap rates will be low in 4% range but if you can hold it for 5-10 years with adequate reserves and money to upgrade, you will do wellhttps://www.zillow.com/homes/for_sale/Queens-New-Y...https://www.zillow.com/homes/for_sale/Queens-New-Y...fourth choicepre-war landmarked coop apartments in Jackson Heights. not an investment per se because you usually can't rent these out but if are an owner-occupant, these will do great. fifth choicea condo in LIC - these are already expensive and you'll probably have negative yield but IRR will be fine over a 5-10 year holdAs happy as I am for the Queens news, I was even more thrilled to hear about Nashville because it is the one and only place I have been out of state investing for the past four years!

There's so much work in most places right now that tradesman can be choosy about their projects, and my experience is that many of them are not at all thrilled about working on old, existing structures - everyone wants new construction.

It’s much harder to go back to learning when you’re 30 and expect to be paid $50/hr than when you’re 18 and thrilled for a deal.

You provide a safe and decent place, they take care of it - that's the deal.They will not be annoyed with you for this, they will be thrilled with you for this, because it means you are a landlord who actually cares about them and the property. 

This is not an abstract game.It seems to me that investors who look for thrills would go for day trading on stocks or crypto.Still, she gives great advice on how to improve one's game and not get complacent.

You'd want (need) to stick with one lender through out the phases because otherwise you will need to completely refinance into a new loan every time and eat the costs of fees.That said, lenders these days are not very thrilled about construction loans.