More than likely rent rates are lower because the property needs some sort of repairs in order to bring it up to par with the higher rent rates which gives you a bargaining chip in negotiations

i am having some 80 year old oak floors refinished this week on a rental that i own. 

Hi everyone! I am delving into this real estate business (flipping/wholesaling) and am eager to network and meet people. I have looked up some local REIA meetings to join in the Oakland/Wayne/Macomb areas (MI) but I'd...

@Tanner Marsey and Account Closed is hosting a REI meetup in Sherman Oaks this Wednesday night. 

Does anybody have any thoughts or info on south Dallas/oak cliff area?

But as long as there isn’t construction dust or chipping paint, there’s very little risk.

The original heavy quartersawn oak trim was also replaced with cheap finger-jointed pine molding, also painted in oil-based gray. 

I have the opportunity to put a small portfolio of 7 units (a fourplex and 3 houses) under contract in a small town (Red Oak, IA) which is about 45 minutes outside of Omaha.

This will provide you with a ton of wealth when you are ready to cash in your chips & retire.

Much like "ratholing" in poker where the player takes his chips off the table and ends up only playing with the banks money.