I stay In touch with our building inspector(s) He is a wealth of knowledge

I want to have a page I can give to my investor that shows a little info about the property and explains the CAP (shows the #'s).

You want Guarantor(s), not co-signer(s).

If he paid 58k and failed to do anything to bring the apts out of the 70's its safe to assume that there is a 3k to 4k per door minimum in upgrades to bring it up to date back into this century.

One of the sources I used in evaluation(s) is the latest SEC annual report filing.

has anyone noticed when they open the door to see the house for the first time, if its a 'good' house, it is totally clean, the electricity and water are both on.It's also funny when they say "houses in this area sell in the 140's",,I guess the size doesn't matter to them,, it is good entertainment, but thats what it is.If I started buying houses to keep others from getting them, I would probable be bankrupt in a short period of time, thats how you get killed in this business

s remarks.

One section 8 tenant was a state employee with 2 kids and qualified for section 8, with S-8 paying about 1/3 to 1/2 of the rent.Qualifying S-8 tenants by income doesn't work as many don't have income.

As new to the US real estate (i am a foreigner) I want to start with multifamily (ideally apartment buildings) already rented and in OK condition to generate immediate cash flow without having to incur large expenses in the first year(s).I am looking in PA (as I have some connections in RE there) or FL (nice weather).

I know with my former business, before I sold it, I always had to be a personal guarantor even though it was an S corp.