I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a Gross Rent Multiplier of 13.04). The property sold for 93%...

Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pain...

Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pa...

Just had a long term good tenant tell me that she would gladly pay an extra $25 per month If she didnt have to pay for coin laundry.  The washer/dryer work ok but are older and will need repair/replacement very soon a...

So we are ready to get our first house and we have a schedule to have it completed in 8-10 weeks and on the market right after that. We have talked to our realtor we have a plan, everything laid out but I keep gettin...

I’ve decided on some basic criteria to filter potential properties in my market. Thanks to The Millionaire Real Estate Investor, awesome book! I’ve now started to actively track and research my market. I’m pretty good...

Hi, I truly want to undertake REI with no intent of committing mortgage fraud --- but I want to understand more about FHA and USDA (still trying to build my credit and no investment property yet, with 10k allotted to ...

Question - besides my homeowners policy, should I also get additional STR insurance outside Aircover?   Does Aircover actually cover broken/damaged household items?  If a guest destroys my place, how do I get reimburs...

Hey BP,[Disclaimer to the question I am about to ask is that I understand that at the end of the podcast they ask a similar question, however, the answer(s) I am searching for are slightly different]I have one simple ...

Last week, the new bill was passed by city council to address housing affordability.Here's a summary of the changes to existing ADU laws in Seattle. https://www.seattle.gov/council/adu-eis- Allowing two ADUs on one lo...