I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
This is not to be apocalyptic but to bring back to the front of people's minds a tradition that seems to have been lost recently. People used to keep pantries with significant stores of preserved food on hand in the ...
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
The thought of buying cash flowing rental properties interests me. However, I'm from Long Island, NY and cash-flowing deals are very hard to find. I'm considering purchasing out of state but don't know which markets I...
Hello all,It's been a frustrating couple weeks for me as I've been making offers to try and purchase a 2nd rental property so thought I'd ask for some feedback and/or tips on how to get better at this moving forward. ...
My 19,000th post and this is all I got. ;)https://time.com/6223185/airbn...A lot of people cashed out their equity (gained through pure luck) to purchase a short-term rental in unfamiliar markets that were over-priced...
I’m currently paying 3k/month for a one bedroom apartment in the Bay Area. I’m seeking advice on what would be a better investment option/smarter financial decision: to buy a home in the Bay Area, or to continue renti...
I'm looking to start buying turnkey rentals in the next few months and I came across Martel turnkey. They seem legit, but I am hoping to get feedback from others who have purchased properties from them in the past. Wh...
HiI am a newbie investor. I am interested in investing out of state as I live in California and our tenants rights are awful here. It is so difficult to get rid of bad tenants....plus the ROI here is not great. I a...
Hi all!I'm looking for some help and/or mentor as I've been grateful to save $500,000 but I'm not sure where to best invest these savings in. Ideally, I would like to generate a 10% to 20% return on investment as I'm ...