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Cap rates have compressed over time. Locally in the Chicago suburban market, a 6% cap rate is common and to be expected. With rising interest rates, I've heard push back that cap rates don't make sense and deals aren...
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The two sayings that have taken me through difficult times in my business:
"This to shall pass," & "The only thing consistent in this business is that it is consistently inconsistent." My new one is "Enjoy the slo...
I am a landlord for a couple duplexes. Been doing this for about 10 years. My property management just put in a tenant in side A of one of the duplexes. I have a no animal policy (unless it's service animal which is r...
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Here's an article regarding the topic:
http://articles.moneycentral.msn.com/Investing/SuperModels/mad-world-chinas-bind-is-ours-too.aspx
I've been very interested i...
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Good morning Bigger Pockets community.
I wanted to get your perspectives about my criteria's I am currently using trying to rent out a 3 bed row home in a "C" (blue collared) neighborhood. Every day for the past mon...
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I am looking to protect my assets (undeveloped land, primary residence, investment accounts) as I build my rental properties up. I can’t put the rental in an LLC as it’s already under loan backed by Fannie May.
I tho...
Have any of you ever been threatened, robbed, physically attacked, or felt your life was threatened by either a tennant or a prospective tennant?
I've heard of "tennants" calling to look at a property they want to re...
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Hi everyone. looking for advise, i am in contract to sell a multifamily property in upstate NY (Albany/Troy NY area). the buyer wants to back out right before closing after months of pushing up closing time.... he got...
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I have a nightmare tenant who is always pushing the boundaries of what is legal. She lives in a triplex of mine and has taken over the whole front of the triplex. She has so much junk..which isn't that a fire hazard?...