Assuming 50% operating margin, I would pay $500k. I wouldn't go higher than $750k. My priority is return of capital before return on capital.

The area that provides the combination of the highest return on capital and the highest chance of return of capital.

Where did you go 'wealthy' boomer? lmao

The U.S. dollar climbed after a Labor Department report showing America`s economy churned out a more-than-expected 248,000 jobs last month, with the unemployment rate easing to below the 6-per-cent mark, at 5.9 per cent compared to August`s 6.1 per cent. At the same time, the latest Statistics...

Never let the currency tail wag the investment puppy. PS: OP, fantastic video. Blast from the (amazing) past!

Thank god I ignore macro-economic mumbo jumbo.

Posts like these and the dozens of others on this forum, make me question why anybody would want to play PM with their real estate investments. No thanks. I'll stick to cashing cheques. That's all I'm qualified to do anyway. Good luck OP.

Phoenix Landlords Are Enjoying The Market's Heat In late July, a venture of P.B. Bell and New York-based Stonecutter Capital Management LLC closed on the largest rental-apartment deal in the Phoenix area this year: the $168.5 million purchase of 2,759 units at seven properties in the region...