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I am planning to buy some SFR in Detroit for an LTR. I would love your opinion about the market there including ROI, legal system (Tenant/Land Lord) vacancy rate, appreciation and other info to help Land Lords. Pls...
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Hello - I am currently in a position to sell my first duplex rental (that I lived in) in a market that is fairly topped off I feel and use the equityand profit to purchase a 14-Unit "complex" if you will. Some particu...
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I live in a duplex that I own in Los Angeles. I purchased this property about a year ago, and the tenant had been living there for a long time.Originally, there was a security door, and the entry doors of each unit we...
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So I'm looking for a few books that I could read about investing in real estate. I want to learn more about buying rental properties for the cash-flow and retirement. Any recommendations?
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Background: I own 7 properties, total 24 doors. Current loans are a jumble of 4.25-5%, 5-10 years balloons. Total outstanding mortgage balances: $498,000I approached my lender (Local credit union) looking to refinance...
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Hello! My father and I are both realtors in the Austin area and are putting together a direct mail campaign targeting a specific neighborhood. We have never done this before (specifically for resale) and had some ques...
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I'm new in real estate and looking to start investing in south florida. What should be my target per door cost vs income after expense per door? I know there's alot more info needed, for example down payment which w...
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At least once a week I get told by someone that they are thinking about investing (whether passively or actively), but they are not ready to start yet. The majority of people I talk to are actually pretty knowledgeabl...
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I know cash is KING but I was hoping from some clarification in the whole aspect of not flipping but buying property and renting it out. I keep hearing this 50% rule and what not, but just want to see if anyone has an...
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Last year I bought a 17 unit deal in a rough part of town. I was in a 1031 exchange period and pulled the trigger bit fast, lets just say.
When you visit the area, it doesn't look bad. The streets are fine, although ...