I've got a 152-unit apartment under contract and it has an old tennis court that's in pretty bad disrepair. I don't think it's worth renovating, as tennis is a sport that so few people play. What are some creative ide...

http://news.investors.com/ibd-editorials/010716-78...The above article explains a new program Fannie Mae will be instituting that allows people to come together (whether related/living together or not) and pool "incom...

Is it still possible to get 10% CAP rate for managed STR? 

I was doing some research on land trusts and came across the definition of a community land trust. From the Grand Forks Community Land Trust website we see that a CLT is defined as "community-based 501c3 nonprofits wh...

Hello from Chicago,   New to real-estate and potentially interested in starting with multi-unit properties here in Chicago. I been doing some light searching around and found some pretty impressive numbers with relati...

Hi BP, Extremely excited/pleased with how my last 2 renovation projects have gone.  Here are the numbers on the most recent one:Purchase Price: $12,000 cashPaid sellers closing costs: All in $12,981Renovation Supplies...

I just listened to a TED talk that outlined the inevitability of artificial intelligence taking over the world. 80% of current jobs are service-based, and robots will very soon be able to replace all of them. We can't...

Just a little curious :)What's the most you've seen someone cashflow from multi-family?

I bought a triplex four years ago and inherited one tenant.  At the time, she was paying 1050/month for her small 2 bedroom apartment.  The previous landlord had not taken care of the property, so I needed to put in a...

So i’m very much a noob to real estate.  I literally just started in the past week reading up on it.  In that short time ive listened to about 15-20 bigger pocket podcasts all day while at work and reading as much as ...