I recently moved back to Memphis 14 months ago from Atlanta. I was a wholesaler in Atlanta and I'm just now getting back into the game. I did two deals but had over 7 more under contract that fell through for one reas...
I'm a new investor/ builder out of Washington State and just finished my first new construction custom home build last year. I'm currently working to convert one of my rental properties into a duplex.I have worked in ...
What's rent got to do with it?
Everything.
Rents drive the multifamily investor's business model. Put another way - rents are the heart - that help you beat the returns on your savings account or your ETF.
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I'm looking at my first potential multi-family deal and was hoping that some of you with more experience can tell me if this deal is worth exploring further:
21 Units in Charlotte, NC
Asking price - $649,000
NOI - $9...
I live in California, own a house here, re-financing and taking cash out, good idea to invest in a duplex (or multiple units) in Texas? Im new at this. I appreciate any guidance. Thank you!
I have a tenant of about 3 years in my lowest performing property in Maple Valley that has not gone up in value for 3 years and although rents are good/solid cash flow and principal pay down ($500 a month CF, $385 a m...
The two main threats to my business as an investor and as an agent are raising interest rates and stagnant income. I have seen rents go up quite a bit in the last 8 years in Milwaukee, at least 30% on average (I just ...
I'm working with buyers who want to purchase REO's at 65% -70% discount. I'm also working with REO agents who list their properties close to retail. I submit my offers. The asset managers reject them. They don't count...
Looking for advice on offer/max price.Also looking for what I missed in calculations.First the hard part:This property is in rural TN in a town of about 20k population.Current owner has been renting to local college f...
I try to stay on top of urban trends.
Rising home prices "decrease income mobility and ultimately hurt the U.S. economy," reports Nicole Goodkind in this article:
http://www.cnbc.com/id/49551180
Jane Jacobs noticed...