Compared to long beach I'm sure Cleveland does seen like a dying city, but I can assure you the rental market in certain areas is quite strong.

Hi there,We are currently screening for a 2/2.5 condo in Newport Beach at $2795 and I'm wondering about the co-signer on the property. 

Hi Brian,On Nov. 11th in the evening there is a Manhattan Beach FIBI event and here are details http://www.meetup.com/fibisouthbay/events/21057992...I hope to attend, (I've got a family too & am juggling logistics).  

I relocated from Long Beach almost 3 years ago.  

I'm going to attend a FIBI Manhattan beach event soon.  

If your prices are going low, or super-low and you have an opportunity to get beach property, well… keep an eye on your market!!!  

@Ajay Williams , I think it depends on how far from San Pedro it is and how close to the beach. 

I have a wholesale deal in Beach Park, IL. 1985 sq.ft. 3 bd, 2.5 ba, 2 car attached garage all on 1/2+ acre $85,000?

Wondering if I am doing the right thing in purchasing this.The economy has several anchor points, the military, a naval hospital within walking distance, ship yards, ports, tourism "Virginia beach".These are the financials. $74,100 current rental income.$1,800 Laundry (old top load COIN (0.75c) washer/dryer, I believe this can be improved, with new card machines)ExpensesBldg Insurance        2976Flood Insurance      2690 (hoping this doesn't increase...)RE Tax                    6297Electricity                720 (decrease through more efficient lights/washer/dryer)Natural Gas            1200 (2 tankless water heaters, decrease through showerhead)Water/Sewage/Trash  4380 (don't know exactly how much for water, though trash is $33/unit, hoping to add water saving aerotors/showerhead/toilet to all units, maybe submetering)Lawn Care               540   (Will eliminate this due to me living on site) 7% - Vacancy               5187 (little turn over)7% - Management        48246% - Maintenance        4446Actual Income $75,900Expenses        $33,260Net Income      $42,640P&I                   $29,568P&I 2nd              $9,278End Cash Flow $3,79475% loan 5.25% fixed/amortized 5/25Seller financing 40k 6% over 5years So my question is, will this deal work?

Biggerpockets community, I am looking for some feedback on my first single family home deal.I am looking at a SFH that is within walking distance from the local university here in Myrtle Beach SC.