An economic anchor is something that supports the local economy and is not going anywhere even during an economic downturn.Question: Hypothetically speaking, if the average commute to work of residents who live in a desired market is 25 minutes and a major university or hospital is 23 minutes away, but is located in the next town over... can the hospital or university still be considered an economic anchor?

Hi,Question for rent-to-own pros - Who pays the HOA fee in such an arrangement, the tenant or the seller?Thanks!

Now I'm eyeballing the abandoned Kmart in my town.

@Hae Sun YiThe whole city of Chicago is hard to compare directly to a town like Naperville as far as rent values, property values and taxes because the city of Chicago is so large and diverse one neighborhood compared to another is really like comparing Naperville to another suburban town. 

This is in an older part of town where rent is not very high, but I think I can bump it up to $550 for each unit.Rental Property Cash Flow Analysis[Property Description]Monthly Operating IncomeScenario AScenario BNumber of Units7 Average Monthly Rent per Unit495.00 Total Rental Income3,465.00 % Vacancy and Credit Losses5.00%Total Vacancy Loss173.25 Other Monthly Income (laundry, vending, parking, etc.)

In fact, if you are on this side of town I will even buy you lunch if you are willing to share with me your insights. 

I have a little experience being a landlord, when we moved from the Baltimore area a few years back, my wife and I decided to rent out our town-home, where we lived for 5 years, rather than sell it.

Hey everyone, My name is Chris Jurica and I'm from Leakey, TX (closest large town is San Antonio). 

It is unfortunately very common with scammers Good point Bryan - will explore if licensing board will help.

I think there are better opportunities elsewhere, but I'm not sure how much time and energy I can sink into exploring those options.