I will be honest that I am yet to be invested in real estate. I primarily have invested in index funds to this point. I am just now starting to learn some new concepts and open to real estate investing. It seems that ...
I'm looking for some feedback based on other investors experience. We live in a B class suburban neighborhood in the Midwest and are under contract to purchase a property in a nearby C+ neighborhood (closing in less t...
Hi all,I have a prospective deal in Dallas, TX. Its relatively small, but here it goes anyway.2Bd 1Bath 725 sqft asking price is $45,000Expected rent is $750/month (the tenant who moved out a week ago was paying this...
So I'm currently purchasing houses in southern Colorado for buy-and-hold. But I am originally from Ohio and have been considering markets back there. Cleveland has some beautiful houses for cheap prices. There seem...
This is my P/L from a 6-unit property in Dayton, OH for July.All 6 units have been converted to MTR.C-Class area near major hospital (believe it or not purchase price $210k) Cap Rate: ~31%We have 32 units in this mark...
Hello Folks, I like one of the houses in a good neighborhood in Mass. for my own living (first-time home buyer ). I saw that an Elementary school got closed due to low enrollment which is within a mile from the addres...
I am looking at buying rental property in Kalamazoo and have come across a few turn-key places near rough areas. I am tempted to buy cheaper property but am thinking I may be trading low purchase prices for more tenan...
Hi All,I've been looking at a number of low cost homes (~ $20k -$30k) in some low income areas of Cleveland, OH. They would be good cash flows if we could rent them for around $700-$800/month. My concern is the likeli...
Why are high cap rates usually considered risky? Are they not profitable for their high returns? Or is it likely risky because the seller is selling even though there are such high returns? Are high cap rates simply o...
Wanted to hear from investors who have investment in the hood? I'm a newbie and really can't afford to invest in the high in or middle-class area and want to know is a smart decision to start investing in not so grea...