I have also read many of the books recommended by the guests; I am receiving an amazing education fueled by my enthusiasm for taking on a new career path.Over the last 30 plus years I have been in the media production business: radio, TV, corporate video production and corporate A/V.

Rental One ($100k balance at 3% for 15 years) AV $210k3.

So building vs. buying comes down to whether there is demand for new class A vs. are class B & C properties selling above or below replacement cost.In a lot of markets in the west class A vacancies are starting to rise (demand is easing off) and B&C properties are selling above replacement cost so what do you do?

I cherry picked the better hoods far east side.2)You have to buy them right ... this is ALWAYS the case with any REI, but double true in the AV.

FYI I have no interest in this property, I believe it is REO.https://www.redfin.com/IL/Chicago/1624-W-Pierce-Av...I estimate $50k in rehab to make it livable, $250k to get top rents of $2,200 for 2BR and $3,500 for 3BR (includes duplexing up).  

CBRE’s particular view is much closer to a “V” recovery than the views seen from many other Wall Street and big bank economists.- The global response to COVID-19 and the resulting economic contraction has been huge.

@Jason Horwitz @Seth Sherman @Jeff K join a gruop of Baltomre investors for lunch on Mondays 12:00 at Spirits West 2601 wilkens av.

I'm trying to buy my first investment property and made an offer on this:https://www.zillow.com/homedetails/10594-Hobday-Av...it's about a 1% deal if I rent it in it's current condition.

For those interested:https://www.redfin.com/WA/Seattle/10333-Ravenna-Av...I've never seen such a place and I know it's unique.

(option B)My biggest question is not able to decide between option A vs option B.If i go with option A tenants can manage that area well using their own landscapers every once in 2 weeks like that.