My co-worker has almost completely convinced me that the following strategy is the holy grail of building a real estate portfolio over time.  My plan is this, buy another house that has good rental potential and move ...

Duplex - 3/2 and 3/2.5

Bldg SqFt: 2,610

LP: $155,000

Rents: $ 950 per side

Cap rate: 12.26% (according to MLS listing)

Gross Multiplier: 6.80

Insurance: $1,000

I will occup...

I assume 2-3 wouldn't cut it (time-wise), should I be looking for around 5 or so? Much more? Much less?

In my area I find a lot of 6-flats/6-plexes that do not have central air, despite the fact that it is a feature which is highly attractive for prospective tenants.
When I try to search the web, including BP, it seems ...

I purchased a property this week and immediately advertised it for rent.

I am showing the unit to a prospective tenant today, but we have not yet discussed a lease date. Have I now met the requirement of making t...

I am looking at a potential 10-unit MF deal in Columbus, OH. Now, I have read about NOI, CAP rate etc and evaluating the purchase price based on cap-rate. But as I sat down with a spread sheet to plug the numbers in, ...

I am looking into different ways of obtaining a Real Estate Agent License in the state of IL (I live in Chicago).  I work a full time job as an Engineer so I would prefer something that I can do online at my own pace ...

This week I went to the Apartment Owners Association trade show and networking event. Lot of older rich landlords and tons of vendors for everything your land-lording heart could desire. There were engineering compa...

I've never sued anybody but my ex property manager was so negligent that I'm seriously considering it.

Can it be done? Any tips on how to do it?

The negligence includes:

improperly screening 2 ten...

Hi, I live in Charlotte, NC and I am brand new to house hacking and real estate I have 4 rooms in my house to collect rent from and I am looking for the best software/way to collect rent/manage the property. I need a ...