Am I in a good finance position to buy a rental property? My husband and I are thinking to purchase our first rental property upstate ny for about $200k so we can have another source of passive income. Here is our num...

Hi All,My tenant has been in my rental for 5 years now. He has been paying the rent and keeping it clean. After the one year lease expired 4 years ago, he asked to do a month-to-month lease which I agreed to and it's ...

Building cost went up significantly. Building an industrial warehouse was $100 psf few years ago. Now it is almost double. Any advice how to lower the cost? Manage the project myself? How to proceed? I have time and d...

hi everybody, was wondering how people here determine their exit cap-rate. Is it just off of comparables (even then, finding a future comparable isn't really possible when modeling the properties performance for the n...

Well, its Labor Day.  And I worked more today than yesterday.Stopped to watch a couple of youtubes and they got me thinking.  Got a notification someone voted for a post I made; they were from New York City.   Both it...

I have a SFR that I try to have inspected annually. During the last inspection, it was noted that one of the interior doors has been forced in and both the door and jam are beyond repair. I am intending to have the do...

From my time as a Construction Manager rehabbing REO foreclosure properties to my career in residential design I have learned a lot of valuable lessons and developed some helpful strategies that I believe can be usefu...

It looks so easy! Buy a house, make a few cosmetic fixes, put it back on the market and make a huge profit. At any given time there are half-a-dozen shows on television where good-looking, well-dressed investors make ...

How long will you guys let a house marinate in this market before you'll do a reduction? Do you have a plan or system that has shown any sort of results?
I have a really nice rehab - best for sale in the neighborhood,...

Ok, Here is the situation, I found a property in a nice area, is a total rehab. They are asking for $199000.
I believe that final price after repairs will be $300000 to $350000. Repairs seems to me will be close to $...