I just looked at a property at 14308 Lakeshore Dr in Cleveland. It's a 17 unit brick building for 255k, with a cap rate of 24%. It looks nice from the few pictures.
In the Phoenix area that would cost over a million...
When you have a normal sale (not REO or SS), is it still a good idea to go directly to the listing agent and have them act as a transaction broker? Or is it better to use a buyer's agent since the contract and negotia...
Do you view your tenants as an asset or a liability? I'm curious whether folks here view their tenants as an asset or a liability? I'm sure many will say "both" but if you had to choose, which would you pick?Some star...
I own and operate a Real Estate Investment company in a small but lucrative market. Currently, my business is predicated around Fix and Flip investments. However, I recently came across a deal on a duplex that I sim...
Hi Everyone,I have a 2 unit, 2000 sq ft. commercial office building, which is empty now. We purchased it this past summer. Each unit is 1000 sq ft. separated by a long wall. There are two glass front entry doors abou...
I have a 3/2 that I am considering renting by the room. It also has 2 living room areas the tenants would share a kitchen. It's not going to be a vacation rental more like a college rental. Basically just a place for...
Hello BP!I am working on my first flip on a single family home in Brookfield, Wisconsin. Being a first flip, I have learned a lot (and continue to learn as as I go). I searched the forums for how to resolve my issue b...
I finally got an answer today on the cost to separately meter my intended 9 unit MF property...$8000 per meter just for the capital recovery fee for the city. Then add on any installation charges. I was shocked t...
Hey All,Would love to hear your opinion/logic on my situation... Keep in mind I'm a newbie at this so I appreciate any insight/opinions...tl;dr - (negative) cash flow v/s betting on appreciationMy fiance is likely to ...
I've been approached with the opportunity to take over the management of 8 acres of retail and office space. This would be a full time commercial property management role, with the potential for me to get involved wi...