I finished an electrical engineering degree from UT-Austin in '02 during the height of the dot bomb and moved to Ft.

If ready to start, like any good thing, you will have to start at a lower level, work hard, and build up to greater heights.

Yes I can tell you the 50% rule rarely happens with properties.There are many,many buyers who do underestimate repairs and as long as they are solvent and look good banks will loan to them based on a high sales price.I would consider going higher than the 50% if the property had been recently renovated inside and out in a decent area and my hold time was only for a few years.The quads I bought at the height of the market went for 400,000 a piece back in 2008,2009.I didn't pay anywhere close to that but as the market comes back competition and CAP rate compression will hit driving sales prices up,up,up.Seasoned investors might not buy at those prices but plenty of other buyers will.I see people with 401k's retiring with 250,000.They plow it into buying a restaurant that when they work it full time might make the 40k a year.Little do they know how hard they will have to work and how small the returns will be.There is no way to hit the numbers you are hitting in the areas I would buy in.I have other exit strategies besides a long term hold and purely cash flow so motivation is different.

Could you see it being a possibility in Crown Heights, Brooklyn Heights, Prospect Lefferts Gardens, or even somewhere like Ridgewood, Queens?

Hello,We just bought a house in the Historical District in the Heights in Houston which need a major rehab/addition.

I'm primarily focusing on the Heights and Montrose (as I live in the area), but also interested in Timbergrove/Lazbrook, Museum District, Medical Center and Eado.

I was always interested in Buy and Hold investment properties in Houston inner loop ( Heights, rice military, mid town , etc).

Seattle allows towers that meet FHA height requirements in the downtown core, but not outside the financial district.  

Hello BP,I am new to the site and in need of some information regarding the average vacancy rate in Garfield Heights, OH.I am looking to purchase a duplex In Garfield that is 2/2 (down unit) and 3/2 (up unit) The property has been renovated from top to bottom.

Minus the borough; I'm up in Washington Heights.