But commercial property is pretty attractive - vacancy rate 1-3%, cap rate - 11%.

Ho w difficult is it to make the switch from small time landlord like myself to running larger units?

Originally posted by "jetmek02":… was actively looking at properties to flip…… There is way too much hype in this business…… So I have been reading books, finding mentors… …I know that investing involves risk…First off, I am glad you took my comments as positive and didn’t “blast me” with your answer… Many people tend to get on the defense… I would like to comment on the above listed items…Flipping properties…In my opinion, flipping is the single most difficult and risky form of investing… Today in fact, I just made another comment about this… For whatever reason, people getting into the business, seem to always want to start with flipping.

Thank you for the piece of advice I appreciate it, I try to be as motivated as possible, but then again you know what society says, REI is tight, inflation makes it difficult, too much competition.To be quite honest I want to do this badly, because I know I have the potential.How ever what would you suggest me?

Even in an EXCELLENT rental market, it is very difficult to get $100 per unit per month positive cash flow if you are including the real expenses and not using some silly guru formula.

., it difficult to give you precise response.

Hi - I tried to find a Notice of Trustee Sale document in your link but the way the search is set up - its difficult.

I have several commercial investors whom I have established relationships with whom have asked me to sniff of a few Apartment Building for purchase w/good cap rates and are willing to spend between $500,000. and $1,000,000.What is a fair % percentage to ask the broker to pay me for producing a ready to go buyer should they indeed purchase?

The reason why I ask about cost to cure is because most conventional lenders cap this at the lesser of either 5% or $5,000.00.I have a wholesale relationship with the bank that financed your originally, and I know for certain that the cost to cure allowance is 2,000 or 5% (whichever is less).

how can i find out cap rates are for a particular area?