There must be some kind of texture in the paint as it attracts dirt, etc 10 fold in the tub.

The first is cap rates are not looking all that attractive.

It's been on the market for less than a week.Here are the stats:List Price: $450,000Annual Taxes: $10,500Units: 2Rent Est Unit 1: $1500 (i would live in this unit)Rent Est Unit 2: $2500Putting down 20% I estimate my PITI to be $2,771 (at 4.25%)Positives on this property:Located in an "up and coming" part of town, where the town is in Phase 3 of a development programThe second unit is two floors and has the bones/access to be split into two separate units with relatively minimal investment (basically adding a kitchen).. pending zoning approval of courseMy concerns are that while the property certainly has potential, the current rent rolls are a lot more attractive in the 425k range than 450k.Any thoughts/advice would be appreciated.Thanks!

As cap rates decrease real estate becomes less attractive

I like to start with my target tenant and work back to buy the property that will attract them instead of the other way around.  

How can you attract new companies to lease off our tower?

Of course, FHA can't be the only one attracting borrowers.So what happens when interest rates eek up?

It just puts private lending in a more attractive spotlight to financially savvy folks or people just looking for options. 

Once word got out that the house was legally haunted, a new group of buyers were attracted to the property, including the well-known mentalist, The Amazing Kreskin.

Our model is to find a property that has potential, purchase that property, fix what needs to be fixed and make it attractive to new sellers.