I recently found a deal in the midwest (area where C class apartments trade between 7.5% and 11% cap rate).16 units doing about 28k in NOI. (Not very good)I own a 8 unit in the area that does about 30k NOI so this pla...
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...
I'm looking at my first rental property. This is in an working-class town 60 minutes west of Boston. It's in good shape, doesn't need much work at all - maybe some minor stuff. Long-term tenants occupy most units (...
Wanted to get some Californians’ prospectives on the real estate market and owning property here during this current political climate and the overall situation in this state. I just informed my tenants we are selling...
You owe it to yourself to check this out and see if the concept matches your beliefs.
A Dell, then Google executive has started this movement to get rid of corruption in DC. His plan is to turn t...
I have been told that the Springfield area of Jacksonville is up and coming and a good place for rental properties. I am seeking any feedback on this. Thank you.
I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc. My realtor was r...
Hi Everyone!I appreciate and look forward to everyone's feedback.I am looking to get into real estate investing in Pittsburgh, PA. I don't want to invest more than 15-20k. With my capital being limited, I have taken i...
So I thought I had it figured out with an agent, but so far I've had two that just don't seem to get it. I don't know if both of them just have had more familiarity with the slow and steady type of buyer waiting for t...
Something I used to believe whole heartedly, several years ago was that the 401k is a scam. Tons of books on Real Estate preach that to the masses, which can unfortunately be terrible advice for those in the middle. B...