Rental and Cashflow Property - Management, Strategies and More

Is it better to have a higher cap rate or lower cap rate when buying an Apartment Building? Anything over 10%?

I have a property that can be converted into a legal duplex for about $1,000.00. My question is how do I determine the FMV of this kind of property? I can figure the going rent rate for the area, but how would I figure what the ARV of this property so I can put in an educated offer? I would need to know this information because I can only imagine it would be beneficial to potential buyers for assignment of contract. Any suggestions?

Richard
Bothell, WA

Hello there DG family,

I'm looking for anyone that knows anything about rental laws in GA. I have a prospect who has a tenant that he was kind to and temporarily lowered his rent by $200. It was supposed to ONLY be temporary, but his property manager came in and said it would be illegal to put the rent back where its suppose to be. Does anyone know where this is in the law or what she could be talking about? Is this some kind of rent control area (Lakeland, GA)?

I'm trying to get this house sold to another investor, its a beautiful house, but because he has a poor property manager with a contract (ends 8/1!) he's taking a $500/month loss! Any help would be appreciated!

Does anyone know how to value a trailer park? Have a guy who owns 10 unit park. Want out cuz he can't stand dealing with tenants and trying to collect rent. Wants out of real estate period. Says its to much headache.

Anyone ever owned trailer parks? How are the tenants. This guy says they know all the loop holes and NONE will have decent credit and only has 60-70% occupancy on a yearly basis.

What should I charge as a pet deposit? Should I charge more for larger pets?

the ad is listed by the broker?

Thanks

i live in buffalo ny and there are quit a few 30k rent ready multi famly houses on the markrt.I have bad credit and maxed out in debt. would it be possible to ask the owners to lease option for two years, they are all for sale by realators.
i was thinking of offering them full asking price and structure like this.
offer to lease option for two years offer to make there monthly mortgage payments and add 250 a month ( 250 x 24 = 6k ) put in a mutual fund and after two years i would have 20% for the down payment at witch time i would finance 30k through a bank .

First of all I would like to know if this is a good deal. A lady called me about her property and want to get rid of it by paying what she owes on it:$115,000.00
Her monthly mortgage payment is $914.00. She sound very flexible and quite desperate.
If it is a good deal, what strategy would you use for this deal?

no money or credit?

Thanks

in California?

Thanks