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%...
We've all seen the unprecedented growth in the last few years. The price of SFH's in Seattle has gone up 13.5% yoy. I'm considering selling my portfolio in the near future but I feel like it's not at the top yet. D...
Hello everyone!My name is Dan Thompson and I am a realtor in Central Florida specializing in luxury homes and investment properties. Prior to becoming a realtor, I was a private chef and household manager for celebri...
Landlords are suing Minneapolis over the requirement to accept Section 8 housing vouchers: http://www.startribune.com/landlords-sue-minneapol...Personally I am not surprised about this and think they may be successful...
My first deal, a fix & flip in Belton MO (just south of Kansas City) is underway! Yes! I’m in the game!!BUUUUTTTT, now I feel stuck to find my NEXT deal. Need some advice.
I have little cash personally but got...
According to MLS data, the multi-family market in Providence and Rhode Island cratered as it did in most of the country between 2007 to 2010, going from a peak of around $280,000 per residence to $100,000. But what wa...
I am looking into buying a multi family property and for some reason I think that 2 bedroom units can be in higher demand since I am thinking they can re rented by single people, married couples and possibly couples w...
I'm new to the board and very new to home buying. I haven't invested in any homes yet....i'm just doing my research before I bite the bullet. I have been reading 1 audio book a day and sometimes re-reading the same bo...
I have an OCD personality. In addition, sometimes the shiny object syndrome is very much in effect when I come across a new business idea or real estate strategy. But in 2017, I made a commitment to focus. I did relat...
I am stuck. I understand driving for dollars and that being the best way to find houses that meet my criteria. And what to look for once I get to the point of actually driving.But, in order to drive, I need to know ho...