If they tenant is $300 below market, that's costing you $3,600 a year.

Purchase price: $162,500 Cash invested: $75,000 I was offered this property directly before it went on the market from my agent.

Are the tenants paying market rents?

Buffalo is predicted to be #1 2025 Small City Housing Market of the year.

As a broker in a wholesale market, I "buy" a loan from a lender at a discount and mark it up for my profit.

Considering recent market insights, reallocating your $300K brokerage account into a multifamily property while keeping your townhouse rented could be advantageous.Warren Buffett’s Berkshire Hathaway has accumulated a record amount of cash, suggesting a cautious stance due to potential market overvaluation.

We do not raise it to market rents, we keep it at lease 10% below to try and reduce turnover.

I have purchased an off-market property from an investor who now wants to sell the rest of his portfolio.

My problem i is my market is super expensive if I stay in the nyc area and I don’t have the confidence since I don’t have any actual experience to invest out of state do you guys think paying off my mortgage would be more beneficial than looking for more rentals .

The best strategy really depends on your goals, risk tolerance, and your market conditions.