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Since I am about to make an offer on my first property, I was wanting to know if it seems way out of line.
The lisitng agent stated that the property had a NOI of $19,500 with a asking price of $249,000 for a CAP ra...
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Its 3 family home with seperate utilities and entrances from the outside. I believe it to be a good rental income source.
Listed @ 59,500
all 3 apartments are rented out now at 1,200
according to the agent piti comes...
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I am looking for ideas on how you allocate different expenses between different properties. I am property managing my properties and currently have 31 of them, so I'm not getting a cash flow report from a property man...
I am very much an aspiring investor in Grand Rapids and West Michigan and am checking off my list of needs (CPA, PM, capital, lending etc) but one area that keeps tripping me up is asset protection (i.e. umbrella poli...
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Many locals have probably seen this article of a shack selling for more than asking price of $2.5M: http://www.vancitybuzz.com/2016/02/rundown-point-g...You would think the market would crash sometime. With foreign m...
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Hi guys,So I am analyzing a 6-unit. Please let me know your thoughts. Personally, I'm not crazy about it. Details below:Purchase Price: $124,900Contains (5) 2-bedrooms and (1) 1 bedroomRents: $3,490 totally rented...
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I am a little gun shy about buying a house right now and trying to flip it. Let's say it is 45 days start to finish. THat puts the finished product ready for market on October 25th. Am I crazy? What is a good strategy...
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I'm 35 I have a good job and great credit however I'm not generating wealth for my family and I've realized that real estate is a vehicle that can get me there. I'm steeped in reading real estate books and listening t...
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Earlier today, I visited with a woman from Charlotte who owns a cabin in Pigeon Forge. She bought her cabin in a bidding war in early June. I haven't posted a blog entry in a while, but I suspect this theme is going...
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Hello! My name is Eric and I finally decided to introduce myself after a few years of occasional visits to the site. I love all the information that is made freely available, the community atmosphere, and real estate ...