All Forum Posts by: N/A N/A

that the property was going to appreciate 15 percent on its own.

why is my ror on appreciation 15% in the critical output report when i put 3 % in the data input form? is it because of the 80% financing option i chose? can someone explain why this is the way it is?

When i do an all cash scenario, a 3% appreciation percentage in data input results in a 3% data output on the ror appreciation line of the critical output report.

from CO report.
RoR on Appreciation 15 % 15 % 15 % 16 % 16 %

confused.. thanks.

how can i find out cap rates are for a particular area? I currently own a property outright and the property analysis output shows me a 5.93 cap rate. I am guessing that that is not that good.

thanks.

The first apartment building I rehabbed I sold to a California group, but the two I have under contract right now are to local investors.

can you elaborate on some numbers for these ones you are talking about so i can get an idea of money that can be made?

ie cost
rents
taxes insurance etc.

i have a feeling that I am in a terrible place (fla) to try to make money in realestate.

the cali guys, how are they managing it? a property management company?

why not just keep adding them to your portfolio? If you have rentals. do you work with out of state investors to get a property fixed up and then manage it from a rental standpoint for them?

I see people trying to do this for out of staters but they mark up the properties like 15-25k then make up appraisels and repair costs and then rent figures. They basically say sit back and let us do the work. But if it seems to good to be true.....

Those properties you have on your site are so cheap? ie 17000 for 400 a month? I could take 425k cash and buy 25 of those and get 10000 a month to live off?

where are these properties located? are they near a nuclear spill or something? :lol:

I guess you are in texas? Those are very impressive numbers. I guess i need to move. I don't feel right about having rentals out of state due to all of the horror property management stories i have read.

If you put 50k down on a rental do you aim to get a lets say 10% return on your downpayment in terms of montly/yearly cash flow? I am trying to come up with a figure that is considered good so i can base future purchases on this number.

ie 150k house purchase
50k down
100k mortgage = 6.875 7/1 arm = 650 a month
100 a month for insurance
100 a month for taxes
rents for 1250 - 850expenses = 400 a month cash flow (b4 unforseen expenses)

400 *12 months = 4800 = 9.6% return.

is this a good way of looking at it? I am figuring worst case scenario no equity growth. Just looking to maxmize a percentage of return on my 50k.

thanks.

I am renting out my house for lower then average rent in the area. by 150 a month. dammit. nic elink if it holds water.

I have seen the section 8 fair rental rates before but i find it hard to believe that if they pay up to 1500 a month for a 3 bedroom then i can go get a POS 3 bedroom for 25k and rent it for 1500. There has to be more to it then that.

I want to look into the whole section 8 thing. I just need to find out the combination to the 1500 a month payment thing.

thanks