All Forum Posts by: Adam Taha

Would I be making a big mistake investing north of the train tracks but below Bradley Ave? On Neil Ave?

Say I found an off market property and the owner agreed to sell to me. Is the simplest way to simply hire a real estate lawyer? I have heard some experienced investors draw up their own purchase contracts and just use an escrow company to close. What exactly does this mean? What are some good resources I can read to learn about the process? 

@Tyler Gibson

Is the monthly payment to your mortgage traditionally not considered an operating expense?

@Tyler Gibson

Hi Tyler,

I’d like to ask why you think the cap rate is not a good indicator in evaluating potential investments. Maybe I should add that I’m not so concerned with fluctuating house values (except in their relationship to monthly rental rates) as I hope to build up a portfolio and never sell.

I am calculating my cap rates as the (NOI per month x 12) / purchase price. My NOI is rent - mortgage,property taxes, home insurance. To be consistent and for the sake of simplicity I'm not including management fees or % set aside for cost of maintenance.

I do agree that I may be getting bogged down in the numbers lol.

Hi guys,

I am an Orlando native who has been looking to get into investing in the Orlando market for the last 10 months and have put a few offers but have not found success. I am a CPA (licensed in GA) and my day job involves me working remotely for a company in ATL as an M&A consultant. It seems everyone I know who buys rental properties is just getting a cap rate of 2-3.5%. Is anyone doing better? I know the days of 8-10% are gone but 3% seems really low.