Just to clarify, is the cap rate based on the purchase price divided by the net operating income or is it the purchase price + Closing Costs + initial cost needed to get property in rental/sellable condition?
For exa...
I just bought a 4 unit in a C neighborhood and inherited all of the tenants. They are lower income and though we've only collected rent twice, 3 of the 4 units paid late. I came from a lower income and understand that...
Hello All,Not sure if this really qualifies as a success story or not yet but my wife & I closed on two SFH in Syracuse, NY in the last couple of weeks and, as an out of state investor, am now in town for the reha...
Hi BP! We just acquired a house we are fixing up and may use as a rental.I found out that the city water/sewer bill AND electricity both stay with the propery. I am used to water/sewer being attached only. Has anyone...
http://sfist.com/2017/03/06/david_chiu_rent_contro...Make sure to get out and vote. Also contact your local reps because this is going down.Reach out to your local Apartment Associations, Your local brokers/ RE agent...
I have a Duplex in Fort Worth near the TCU area. It is on the edge of the residential area that is "good" and the more sketchy part of Fort Worth. The particular area has tons of Single Family, apartments and comme...
Good morning,My husband and I recently purchased a new home a few miles away from our current home. We are deciding whether to sell our property or to turn it into a rental. Input from savvy long time investors woul...
Hi all, I'm a first time investor who is interested in apartment complex deals. Nothing greater than $3M at this point. I have the means to do it but can't seem to find a deal and don't know how to start. Any advice? ...
Two part question. With uncertainty around interest rates, market forces beyond our control and an ever changing retail landscape, what is the best advice on formulating an exit strategy for NNN investments today giv...