Location: NW Indiana, greater Chicago area.
Asking price: 60k
Offer price: 55k
Loan amount: $41250 (25% down, 5.25 interest)
Expenses: $750 annual property tax, $900 annual insurance, 8% vacancy, 13% capex/repairs...

Do you buy a property based solely on numbers or does the location play a part ... even if the numbers are good.

I found a duplex in an undesirable community that I never even thought about. I really don't want to bu...

Hey everyone,I’m a first time write in and future landlord. I have a duplex that I’m furnishing to attract international graduate students and visiting professors. I have the basics in each side already (bed, sheets, ...

Hello,
I live in GA and and I have a primary residence I live in that I am trying to fill in vacant bedroom. I have one bedroom that I have been trying to rent out for a year (had this property for a year). I found v...

I've been lurking here for the past couple of months off and on as my desire to get into REI just keeps getting larger and larger. I finally took the plunge and signed up this morning and wanted to run my base plan b...

Hi all. Phil here; I take my exam for my state license here in PA (Phila & Bucks County area) next month. I would like to know once I’m licensed how much money should I allocate towards marketing and advertising? ...

Does anyone own there or now the data about it?It’s certainly not a popular area like it’s neighboring lakes but the property I am looking at in lakefront with dock and 4/3. 

First deal.  One unit within a 1-story brick 4-plex.  3 bed/1 bath.  Owner-occupied for 10 years.  She is moving out of town to be near kids.  Neighborhood is about half owners, half renters.  Low income, but exterior...

Hey everyone ! Im currently looking for my first OOS SFR/duplex,Curious as to what states are recommended looking to stay in the 100-120k range. Looking for cash flowing rentals that I can later refinance to acquire m...

Hi everyone. I am a new investor on rental property. I found a twin that have existed tanant with quite cheap rent. So I wonder How can I increase the rent price in this case? Or is there any strategy you recommend? I...