All Forum Posts by: Anthony Kaleta

Jason - Bigger Pockets has a ton of information/ resources to help you out. Check out the following link for a solid explanation of the Cap rate:

http://www.biggerpockets.com/renewsblog/2011/11/16/capitalization-rate-%e2%80%93-techniques-to-speed-up-your-decision-making-part-iii/

Otherwise, type 'Cap rate' in the search box (top right corner of the screen) and you'll find everything you're looking for and more in the search results.

Good luck.

John - I agree with Shakeira. Given there are clear red flags, this is a no brainer - I'd engage a real estate attorney. Message me if you need a referral here in Philadelphia. I recently engaged a really competent attorney on a real estate transaction who was able to guide me through the purchase process and keep everyone involved honest.

Good luck.

Congrats Ryan!

@Roy C. Believe it or not, some 35% of US Households are renter occupied (http://www.nmhc.org/Content.aspx?id=4708)…why not get out in your community and talk to people and find out why they rent (you've got a 3.5/10 chance of meeting a renter!!)? Great way to network and to find out for yourself their reasons. Best of luck!