I've read a lot about "classes" e.g. "this unit is in a Class A area" or "this duplex is in a Class B neighborhood" etc. Is there any standard for how areas are classified i.e. does the NAR have a standard classificat...

I have a seller that is interested in selling his cemetery. Don't know much about it other than the fact that it has about 1000 open grave sites and they also bring in revenue through digging and maintenance. Price is...

After managing many properties in my state of Maryland over the years I have seen the law of averages even out over time when it comes to expenses in various asset classes so Im posting this to give people some genera...

I will try my very best to keep this as short as possible. Even if you don’t give me a detailed response I would appreciate a simple” you are way off,” or just let me know if I’m on the right track:I am looking for my...

Hi everyone,

I recently posted about a deal that my friend was considering in Dallas, TX; that post is below and labeled "original post". We've looked at the numbers a little more closely and changed up the strategy ...

I'm looking to purchase a newly renovated 2 family home in Jersey City Heights less than a block from public transportation into the city. The home is selling for $509k I am thinking of putting in an offer for $490k (...

Please be patient with me as I am new to posting. If I have forgotten needed info for your input let me know.  After all the reading/practice I can muster, I have begun my first search for a multifamily in Cincinnati ...

Hi all,

Buying my first multi family, a fourplex in the Southside of Chicago. This is a turnkey property that will be completely renovated with brand new finishings and will be managed by the same company. It...

This is a hypothetical example, but I'd love to hear everybody's advice. Imagine the following scenario:Suppose you bought a SFR at a good price (20% below retail) and made very conservative estimates for water, garba...

Hi Guys..

After months of reading, and contemplation, I'm hoping to make my first investment in Central Valley, California. The goal with this property is to start my real education about running a real estat...