Eric Piccione
Great cash flowing property in higher crime areas
We found a 4 plex that has a cap rate of 7.5%, cash flows 590/m and provides a COC ROI of 26%. The only issue is it's in an area with higher crime than the rest of the city. Accounting for vacancies and everything, th...
Kevin Reid
Should I stay or should I go?
This is less an investment for profit, and more about our home life I guess.Our situation is we bought our home in Florida at the worst time! It was around June of 2007 right before the collapse. We paid 207k to build...
Aasim T Bickiya
Rental property owners, what is budget for repairs?
Hello Everyonei am looking to invest in oklahoma city, but what concerns me is that it looks like properties take a lot of damage from the weather such as hail storms, tornados, etcas a result of the weather, do you g...
Russell Woodbridge
Rental Property Uses Firewood to Heat
I am looking at a property that has a heating system for a small house and a duplex that uses firewood. The system is fairly new and apparently works well. In the past, one of the tenants got wood from the property (1...
Jory Sturdevant
Assistance with trying to refinance first rental property
Thank you very much for looking at this and possibly helping out. I recently purchased a rental property (duplex) as my first property. As many do, I made quite a few mistakes and probably over rehabbed the property. ...
Michael Neal
Understanding the market
Great Morning!Wanting to know how people study the market for investing?How do you analyze the market to understand its Trends?How do you know what market is a great market and how do you determine its conditions?
Rod Zahavi
Buying New vs. Old. Finding a Hassle Free Investment Property
When investing in real estate one of the key factors to consider carefully is the age of the property. Prices on older stock may be tempting, but going with a new investment property has many important advantages. In ...
Drew Byrd
The 70% Rule: How and When does it change?
The standard rule for investors is to buy 70 percent of the ARV, but I've heard that inventory affects this percentage. For example, low inventory in the market might justify closer to 80%, high inventory could mean s...
Brian Nordman
Cash out Refinancing Strategy
I have read in a lot of posts and heard in a lot of podcasts that many investor's strategy is to do a cash out refi to come up with capital to perform their next deal. One thing I have thought about though is when is ...
Desalina G.
Duplex Down in Chicago
Anyone have experience and can give me a general ballpark of the cost to duplex down? I'm looking at a typical northside 2-flat and interesting in living on the first floor, adding an internal staircase and finishing ...