6 May 2019 | 8 replies
I don't have the hard facts handy at the moment, but isn't the Cleveland market still one of the lowest priced of any major city in the USA?

16 May 2019 | 12 replies
My properties are mostly in a pretty attractive bedroom county of both the San Jose and San Francisco metro areas where the underlying growth just never seems to stagnate, my managers carry 95% of the work load (I set annual rate increases, approve major repairs and do the taxes) and my cash flow on my original cost is about 10%.

26 April 2019 | 2 replies
Yes majority of my buyers have invested before, I have some local and out of state investors, one problem that I am aware of is the size of my buyers list and the property I have is on the western boarder right off of E. 200th st.

4 June 2019 | 13 replies
Am I overlooking any major differences between SFH and commercial multifamily other than "everything costs more"?

29 April 2019 | 40 replies
It includes all major assets & liabs, inc some pers prop that has value (or is individually insured) & I would consider selling to fund new found opportunities or if there was a major emergency requiring a change in budgeting/liquidity.My PBS is currently three pages long, broken into sections w/ sub totals to assist in analysis:AssetsReal Prop (Assessed, Purchase/Rent data, 2-3 free online providers like Redfin, then averaged.)Personal Property (Cars, Art, Hard Assets, things not in an account or "foggy" daily market value)Cash Accounts (ie funds w/ access not limited by age, Banks, Brokerages, CVLI, prepaid taxes,large pending incomes like insurance settlements & reimbursements owed to me.)MineSpouseCo-AccountsRetirement Accounts (or anything where access to the value is age restricted)MineSpouseBusiness 1 (Net number carried over from separate business records)Business 2 (List as needed)Liabilities (Would section these out too if I had enough to justify it)Listed in order of assets above if tied to such, mortgages, HELOC, etc.General liabilities listed next, largest to smallest.Net Worth CalculationThen I include several lines of totals; subtotal of amount available for conversion to REI, ratios & simple measures like mo / mo & trailing 12 mo avg % & $ return.My FI goal is over the long term to average at least 1% mo / mo gain in net worth.I have found this to be best for me for several reasons:I have a hard time visualizing a set $ amount as a goal because my amount required to retire would then seem too big to tackle.
27 April 2019 | 3 replies
The tenant had been there 30 years paying well below market rent and going into the deal I knew this would be a major project but I was not expecting it almost a year later.

26 April 2019 | 7 replies
Of course, there is a MAJOR difference between an arrest or charge, and a conviction.

28 April 2019 | 9 replies
A single turning into a fourplex is probably going to have some major code issues and might be a bit advanced for a first time out of state midwest deal.

26 April 2019 | 2 replies
I've switched my major to Business and have already signed up for classes in the Fall.

30 April 2019 | 9 replies
I think that's typical of any major market.