On a multifamily what cap rate would be best to consider?

I recently been told that the best cap rate to consider on a multifamily of 100+ units should be about 7%-8%, with an occupancy rate of 75% to 80% in order to...

Hey everyone!I am reading through "The Millionaire Real Estate Investor" right now and I am trying to get a better understanding of the process of buying an investment property.  I came across the escape clauses that ...

Hi All, my tenant texted me a question-Would you have any objection if I painted one of the rooms? Maybe two?What would you all say? He works from home and pays rent on time and takes care of the house, on his third l...

Hi , I'm looking for suggestion on which area in IL is good for real estate investment to get a good ROI.Thanks

Really, how long does it take to renovate 800sq ft 3bd 1ba unite ? Paint everything in one color, remove carpet and put linoleum (my guy told that it will look almost like wood floor), remove trash from previous tenan...

My tenant's lease is up soon, and he is going out of town this weekend. He does not want me to show the property when he is gone Fri, Sat, Sun. I need to get a new tenant to take his side though asap. Anyone ever have...

I have a property we recently rehabed and have for sale. Been on market for almost 10 days had 3 showings on first day and nothing since. Take a look at the property and let me know what you would change. Posted an...

Dear smart people.  The following is the tool that I want.  Where may I find it?  Or who can build it for me?  Thank you!
Property Comparison Tool - REQUIREMENTS
1. Easy Input: Ability for the user to type in (or ...

GM. Question. From a legal standpoint what contract agreements do you make your contractor sign before he starts the rehab?

hi All, I would love some input. My tenant will move out in 2 weeks. I am thinking about  replacing the floor for the common areas, bedrooms, bathrooms and private hallways for my rental in a nice neighborhood. The fl...