In doing my research it seems that multifamily class C/D tends to have the best cap rate and cash on cash returns any way you look at it. From an investment standpoint it seems like a no brainer. However a lot of th...
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Here is a story of a real life issue I am currently working on. Not all landlord/investing things go right.Setting: New Britain, Connecticut. A small city full of rentals mainly made for manufacturing plant workers...
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Any thoughts!! Is this new??
http://www.freddiemac.com/singlefamily/news/2010/0412_payoff_fraud.html?attr=EMC-SFNCAEFTSPF
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I think most seasoned investors will agree that you need SOME money starting out. Most of those 'get rich quick w/ none of your own money' crap is easily bought into but no real substance. As a few days ago I've start...
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I recently bought a 6-plex and there was a washer and dryer in the building. Nothing about any contract or lease was mentioned by the seller at the time of closing, and admittedly, I didn't ask what the deal was w...
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Over the course of 12+ years as an investor, property manager, top 100 agent, construction manager, and a general student of Business I have seen my own portfolio performance, as well as that of every investor we mana...
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Background:I completed my associates degree in information technology with an emphasis on networking, and I achieved the CCNA certification (Cisco Certified Networking Associate)My first job in IT was running the IT d...
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Has anyone seen Property Wars on Discovery Channel? Investors are bidding on properties w/o seeing the inside. They make their decision based on comps in the area. Some get burned and some hit the jackpot. Do any inve...
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Hello All,
I am moving out of the place in a month and Landlord is asking me to get the kitchen counter top repaired or replaced (pictures below). He says, I have damaged it because of water. I wasn't sure what to do...
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I just bought my first fixer upper to flip and now I’m trying to find a GC. I’ve been calling around to leads I’ve found. One asked me today how we planned to pay him. I always assumed a cost plus model but he said th...