What is a cap rate? Why do I want to know it? How do I determine it? What is a good one?

BREAKING NEWS..........................
“Detroit home values jump 20%, biggest gain in 2 decades”

DETROIT RESULTS ARE IN...
PROPERTY VALUES HAVE SKYROCKETED IN THE COMEBACK CITY...
RENT TO VALUE RATIO’S #1 IN US...

Hey Everyone!I will just leave this here! Enjoy!Also, I have bought two more houses in which I will be doing the same. Although, the purchase price on them are only $4,500!

I am under contract on a townhouse that should rent for $1200 - $1300 a month. The kitchen is in fair condition (50 yr old, lower end cabinets, laminate counter tops and low end older appliances). I got a detailed est...

I just closed on a duplex in April using FHA financing to do a house hack. The market rent for each of the units (both 3 bedroom + 2 full bath) is approximately $900 each. I have inherited the tenant living on the ot...

We had the sidewalk and driveway redone on the tenant side of our duplex. Yesterday the concrete was poured. This afternoon I noticed that a smile, a pentagram and a third illegible mark had been inscribed in the now ...

I have read the other posts on this topic but I seem to be getting screwed right now and it is a little different then anything else I have read, I rented a house to this young couple in Pittsburgh and they did ask ab...

(Disclaimer: I totally took the formatting of this post from another post by Anton Ivanov that I liked a year back!)
A Little Backstory
I am currently 30, married, no kids, living in Gilbert, AZ and working as a fin...

Stupid things Tenant Applicant’s say.

I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...