[jamsvet]

I think the number one rule of investment property is don’t buy something that you don’t drive past on your way to work. If you are going to purchase investment property, you have to visit it frequently.

I guess I’m showing my inexperience, what is the 50% rule?

[jamsvet]

I think the number one rule of investment property is don’t buy something that you don’t drive past on your way to work. If you are going to purchase investment property, you have to visit it frequently.

I guess I’m showing my inexperience, what is the 50% rule?

[jamsvet]

I think the number one rule of investment property is don’t buy something that you don’t drive past on your way to work. If you are going to purchase investment property, you have to visit it frequently.

I guess I’m showing my inexperience, what is the 50% rule?

[jamsvet]

I think the number one rule of investment property is don’t buy something that you don’t drive past on your way to work. If you are going to purchase investment property, you have to visit it frequently.

I guess I’m showing my inexperience, what is the 50% rule?

[jamsvet]

I think the number one rule of investment property is don’t buy something that you don’t drive past on your way to work. If you are going to purchase investment property, you have to visit it frequently.

I guess I’m showing my inexperience, what is the 50% rule?

[jamsvet]

I was into investment property until about 4 years ago, now all I’ve got are some small commercial props and a little strip mall. I just don’t think that anything now makes economic sense. All my props I’ve had for a long time. There is no way that you can buy something today especially multifamily and make money.

Yeah, you’ll hear from “experts” that say look at he numbers, if you buy for a GRM of 10 with a 5% vacancy factor, etc, etc, etc. Real world, something always comes along to screw up those numbers. Especially if you need a decent cash flow. It only takes a unit to be vacant for one month to really screw things up.

Hate to be a downer, but until investment properties get back to something approaching realworld values, my money is in CDs.

[jamsvet]

I was into investment property until about 4 years ago, now all I’ve got are some small commercial props and a little strip mall. I just don’t think that anything now makes economic sense. All my props I’ve had for a long time. There is no way that you can buy something today especially multifamily and make money.

Yeah, you’ll hear from “experts” that say look at he numbers, if you buy for a GRM of 10 with a 5% vacancy factor, etc, etc, etc. Real world, something always comes along to screw up those numbers. Especially if you need a decent cash flow. It only takes a unit to be vacant for one month to really screw things up.

Hate to be a downer, but until investment properties get back to something approaching realworld values, my money is in CDs.

[jamsvet]

I was into investment property until about 4 years ago, now all I’ve got are some small commercial props and a little strip mall. I just don’t think that anything now makes economic sense. All my props I’ve had for a long time. There is no way that you can buy something today especially multifamily and make money.

Yeah, you’ll hear from “experts” that say look at he numbers, if you buy for a GRM of 10 with a 5% vacancy factor, etc, etc, etc. Real world, something always comes along to screw up those numbers. Especially if you need a decent cash flow. It only takes a unit to be vacant for one month to really screw things up.

Hate to be a downer, but until investment properties get back to something approaching realworld values, my money is in CDs.

[jamsvet]

I was into investment property until about 4 years ago, now all I’ve got are some small commercial props and a little strip mall. I just don’t think that anything now makes economic sense. All my props I’ve had for a long time. There is no way that you can buy something today especially multifamily and make money.

Yeah, you’ll hear from “experts” that say look at he numbers, if you buy for a GRM of 10 with a 5% vacancy factor, etc, etc, etc. Real world, something always comes along to screw up those numbers. Especially if you need a decent cash flow. It only takes a unit to be vacant for one month to really screw things up.

Hate to be a downer, but until investment properties get back to something approaching realworld values, my money is in CDs.

[jamsvet]

I was into investment property until about 4 years ago, now all I’ve got are some small commercial props and a little strip mall. I just don’t think that anything now makes economic sense. All my props I’ve had for a long time. There is no way that you can buy something today especially multifamily and make money.

Yeah, you’ll hear from “experts” that say look at he numbers, if you buy for a GRM of 10 with a 5% vacancy factor, etc, etc, etc. Real world, something always comes along to screw up those numbers. Especially if you need a decent cash flow. It only takes a unit to be vacant for one month to really screw things up.

Hate to be a downer, but until investment properties get back to something approaching realworld values, my money is in CDs.

[jamsvet]

I couldn’t agree more about learning the market. When I was buying investment property, I must have looked at 500 sets of units. I knew the pros and cons and when I found just the right one, I knew it instinctively. Immediately upon walking into each of the buildings that I bought, I just knew. Ones that I thought were great in the beginning weren’t really that great in hindsight.

Get your education first then leap. Make a game of it and look at lots of houses. You’ll know when the right one comes along.

[jamsvet]

I couldn’t agree more about learning the market. When I was buying investment property, I must have looked at 500 sets of units. I knew the pros and cons and when I found just the right one, I knew it instinctively. Immediately upon walking into each of the buildings that I bought, I just knew. Ones that I thought were great in the beginning weren’t really that great in hindsight.

Get your education first then leap. Make a game of it and look at lots of houses. You’ll know when the right one comes along.

[jamsvet]

I couldn’t agree more about learning the market. When I was buying investment property, I must have looked at 500 sets of units. I knew the pros and cons and when I found just the right one, I knew it instinctively. Immediately upon walking into each of the buildings that I bought, I just knew. Ones that I thought were great in the beginning weren’t really that great in hindsight.

Get your education first then leap. Make a game of it and look at lots of houses. You’ll know when the right one comes along.

[jamsvet]

I couldn’t agree more about learning the market. When I was buying investment property, I must have looked at 500 sets of units. I knew the pros and cons and when I found just the right one, I knew it instinctively. Immediately upon walking into each of the buildings that I bought, I just knew. Ones that I thought were great in the beginning weren’t really that great in hindsight.

Get your education first then leap. Make a game of it and look at lots of houses. You’ll know when the right one comes along.

[jamsvet]

I couldn’t agree more about learning the market. When I was buying investment property, I must have looked at 500 sets of units. I knew the pros and cons and when I found just the right one, I knew it instinctively. Immediately upon walking into each of the buildings that I bought, I just knew. Ones that I thought were great in the beginning weren’t really that great in hindsight.

Get your education first then leap. Make a game of it and look at lots of houses. You’ll know when the right one comes along.

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