Tips if your seller mentions “cap rate” etc—- they may be too smart lol... and I only make offers subject to me being able to make the offer directly to the seller!

What are the tips on analyzing the purchase of an empty lot on which to build a small multifamily unit?

#1 Create a Strategy and Plan Your GoalsOne of the most important things to do when you start thinking about real estate investing is creating an overall strategy.Begin by understanding your financial goals. Know what...

Is there a site I am missing with all the stats? 

I am hoping to get some guidance on my current revenue/expense assumptions:Rent / Purchase Price -> 1.0% to 1.1% (model set-up for varying ranges)Vacancy Rate -> 0 to 10% (model set-up for varying ranges) Property Tax -> ~2.5% (looking at Tarrant County property site for reference)Insurance -> ~0.9% (based on my personal residence)Property Mgmt.

I think I remember a podcasts where they discussed a site called yellowletters.com.

Any tips, tricks, comments, or suggestions would be most appreciated.....feel free to connect with me as well.

Hello and welcome to this site Erison! 

I just closed on my 3rd rental and every time I have a question I've been able to find an answer on this site. 

Does anyone have any tips or tricks as to the cheapest/most useful updates that not only are eye catching to a potential tenant, but increase property value at the same time?