Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?

Thanks!

I'm wondering if anyone here has run into this and if so, how you dealt with it.I'm currently listing a rental as a private landlord and not getting a lot of hits except one applicant with solid scores and income. The...

I am currently in a BINDING contract with a SELLER of a residential piece of property an I am the BUYER for the sum of $20,000.00. The contract is seasoned, and is sitting at a Title company ready to close. There is a...

The crowd on BP maybe leans more towards RE unless I missed the stock section.

Donald Trump net worth $2.5B
Warren Buffet net worth $54B

The investor gurus are always trying to sell their latest and greatest traini...

I've been a longtime lurker, but this is my first venture and post, really need help/advice.I've been under contract to purchase a 2 flat in the Jeff/Portage Park neighborhood of Chicago, it was a not approved short s...

Here's the catch 22.  My house (primary residence) is paid off.  I have perfect credit.  Regular investment mortgages would be easy to get.....  if only I had a down payment, because they only cover 80% most of the ti...

I have listened to every BP podcast and many of REI experts talk about the 65% (or slightly higher in some areas) of ARV formula for determining if a property can be a successful flip.  My question is if people would ...

I just closed on my first rent house. The tenants that are in place have been there 2 years. They appear to be great tenants. They have kept the house in spotless condition for the last 2 years and always pay on...

Howdy,Excited to be here. I've done a lot of reading and thinking about owning rental properties. I've owned my own home for 18 months. I'm trying to convince my wife to rent out our current place and buy another plac...