This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...
Well, here we go folks, I’m ready to lay this to bed once and for all. For years I’ve read from B and A class investors, others trying to scare me off of buying and renovating D class properties. They’d write, “It wil...
I am going to keep this as short as possible because I feel I could write a book at this point.I bought a duplex for $60k 1.5 years ago (my first and only property so far). It was ripped down to the studs and remodele...
I know what the definition of a cap rate is but for some reason it's not sinking in. Can someone please elaborate just a tad for me?
Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
I have read in the past of individuals interested in investing in Puerto Rico due to its current affordability. I am curious as to the opinions of others on this topic. My personal opinion is I would not invest in Pue...
I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upp...
any one have personal experiences with warzone properties? Im certain 95% of all investors will pass on this "deal"... But also know that shortly someone in the 5% will be coming to buy. Fire damaged house in warzone,...