Determining Investment Value: How To Know When The Rent ISN’T Too Darn High

The challenge facing the owners of rental properties was underscored by a man named Jimmy McMillan, who once ran for governor of New York on the-rent-is-too-(darn)-high platform. In fact, that was what he dubbed his party: The Rent Is Too (Darn) High. (Footnote: He was later evicted from his rent-controlled apartment in New York City [...]

Renovate Instead of Rebuild: Why Investors Should Rehab Existing Properties

If you look at big metropolitan areas, such as Los Angeles, Chicago, or Houston, it seems that high-rise apartment buildings are being built nonstop. These sleek glass and steel structures appear as if they’ve been lifted out of a postmodernist masterpiece. But despite the incredible appeal of these skyscrapers to renters and real estate investors, [...]