Hi there,I am looking for a building in Brooklyn to buy so I can use one unit to live in and the others to rent out.This is what I found today:- Purchase Price: $1,350,000- Units: 7 (5 two bedrooms / 2 Studios)- Rental Gross Income: $94,500- Expenses (inc. taxes, mortgage, insurance, $5k/yr for repairs and utilities): $31,000Others:- It is close to the subway and a beautiful park- The area projected to go up in value- Units rent <$1,000 per unit, which for New York is really low so I imagine I could increase the rent in the futureWhat do you think?

Typical net leased properties can range anywhere from a Starbucks, Walgreens to office buildings, medical buildings to a neighborhood strip center with a mix of national and local businesses (subway, liquor store, quick check, dominos, etc).

Something is worth what the market is willing to pay for it.I specifically know someone that watches retirees take a IRA and do a 200k build out for a Subway. 6 months in they are desperate to sell and he comes in and pays about 100k for a brand new store and puts his systems into place like he has for his other 20 stores already.

What is the fastest way, away from your house, train or subway?  

For lower in the high-end spectrum you can get away with doing a subway tile backsplash, but a custom tile backsplash in the kitchen costs only a little more, and provides that visual pop that can make your kitchen absolutely stunning.The sink is an opportunity to create another gorgeous little detail in your kitchen.

The traffic count is low but the center does have some national chain like Subway.

The Family also needs to participate.Either way, I've done things where I have lost money rather than lose my ethics or conscience.Recently, a tenant was almost abducted several blocks away from a subway.

I don't trust tenants to tell me when the silicon fails.I've always used cheap subway tile and/or decorative tile on sale.

Especially if you're willing to take on a little work or walk an extra block or two for the subway.

It's the same for McDonalds and Subway.