We are under contract for our first small apartment complex in Lakewood suburbs of Cleveland north of Detroit ave. cap is around 7%Asking is upper 400k Neighborhood b- blue collar Rents are around 7k Wanted to get an opinion from experts is it a good deal means are we paying market Price?

The ones that are changing hands from blue collar to white collar.

I'll start believing there's a bubble when I see blue collar workers buying mansions like in 06

I would come to areas that I would work in like Bergen county, union, Middlesex, Monmouth, Ocean, parts of Essex.

I am considering a move back to Jersey with an eye on both permanent residence and investment.  While reviewing tax rates by municipality, I noticed a disparity in rates ranging from 0.5% to 4% right on the beach.  Al...

As for the once in a blue moon private party that makes a loan at well below market; either he likes you A LOT, he is very naive, or incredibly lazy; a rare occurrence, for sure.

I have mentioned a few times that I have a duplex for sale for around 155k in the Stafford area which is a blue collar area in Houston feel free to msg me for info

My primary home is currently valued at 450K and I owe 248k...The reason I want to do this is because with the cash-out (50k) I can completely pay-off a second home I purchased 5 yrs. ago in Mexico; the interest rate on the mexican property is 10.5%...The mexican property is a nice two bedroom ocean front condo that I currently rent out for $1200; I purchased the property in Mexico to have as a retirement option in the future (15+years).  

So, if what you want is a big house with tile and granite everywhere and a pool in the back, with blue skies and palm trees, then don't be afraid of that!

Hi @Brandon DrakeI invest (rehab) in Bergen, West to Sussex, down to Ocean and everything in between.Gary