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Category: Income Properties

  • How can one tell which run-down area is best?

    Reader Question: How can one tell if one run-down area is best? A friend and I are going to buy an old home and remodel it to rent out. We have a limited budget, so we are looking in areas where prices are lower. Are there any strategies or tips for buying and renovating houses…

  • Who should own rental property?

    Reader Question: A real estate agent did not screen a tenant for rental and collected 6% of one years rent payments. The tenant only paid one month and a partial security deposit. Is the real estate agent entitled to keep the 6% that was pre-paid to her for the whole year? This agent said she…

  • Why some commercial real estate ends up like this?

    Reader Question: I currently own a commercial building. The mortgage was paid off when I inherited it. I am looking for a profitable long-term investment. I would like to leverage my building to buy another one. How do I find a great deal? How do I calculate return? What formulas are important to find an appropriate cost? Simon…