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Hello All,So I am researching in order to purchase my first investment property. I live in the Chicagoland area and plan to invest here in the beginning to get my feet wet. I am also taking online courses to get my re...
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Hi .. I'm just starting to look into real estate as an investment and I'm trying to understand vacancy rates. The town I'm looking at, all data states an 11% vacancy rate but if you look closer, the Houses for rent s...
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Hey BP, can anyone provide a list that has the cap rates of different Pittsburgh PA areas and neighborhoods? if anyone knows where I can find this, I'd greatly appreciate it.
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Hello BP!Does anyone know an online source where I can go to look at what Cap Rates were at years ago in different markets? For example I would like to see the Cap rates in a certain sub-market in Dallas from 2010. ...
How to properly figure out cap rate on an owner finance deal? All my houses are owner finance. It's pretty simple to figure out so I thought....My first property I bought, I figured it like this: purchase price: $51,...
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Loopnet has been sending me lots of multi family properties with cap rates listed. Do they pre vett these properties to come to these cap rates. I know to do my own due diligence I was just wondering if any of it coul...
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Just read the feds raised the rates. What now for RE investing?!?This is an article I found on msn.com. http://www.msn.com/en-us/money/personalfinance/the...I know that the HELOC I just got doesn't look that good anym...
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I recently contacted a bank about getting pre-approved for a loan on a 2-4 family property, and these are the rates I was quoted:- Fixed would require 25% down; ARM would require 20% down- 30yr fixed is currently at 4...
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Happy Sunday!!Question does anyone have advice on finding vacancy rates for a particular area? I've been using deptofnumbers.comAny advice would be much appreciated! Thanks, Bunn
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Hi perspective REI here. What methods do you more experienced people use to come up with your vacancy rate projections as these can vary by markets. Are there times where you were just dead wrong and it made a “good d...