All Forum Posts by: Alex K.

anyone?

Yes I have that is actually the only literature I have been able to find online. I am confused, though - once you come up with the initial calculation, over what period of time do you depreciate the amount?

My understanding is for resedential units and condos it would be SL for 27.5 years however for coops the formula is a bit different.

Would anyone be able advise on how this is calculated? I read some stuff on the IRS website, but I found it confusing.

Hey Guys,

I am wondering if someone could advise on some metrics that would represent a fair deal, specifically on how to evaluate a price for a 3-6 multifamily rental property. I am looking for the annual rent be aout 8-10% of purchase price. Is this a fair assumption?
I understand there are many other issues to take into consideration such as various expenses, taxes, repairs, vacancy discount, cost of capial, ect.... Any metrics you guys can provide are much appreciated. Thanks

Can be a problem if it is a bad tenant, otherwise it sounds like a win win situation to me?

Just wondering what others experience has been with this type of scnario, as well as any comments and suggestions you can provide.

I am looking at a luxury re sale condo, for my permanent residence, in a private community, which is located in one of the less prosperous areas of town. With that said, the quality of this neighborhood has slowly been improving, and there is definitely a lot of possible upside due the centralized location and slow revitalization that has already occurred over the last few years. Who knows if it will continue and at what rate; I feel the downside in the quality of the area is limited, but who nothing is a sure thing of course.

With this said I am wondering what you guys can advise on buying such a property?

Sorry guys I meant to write 20% down in my original post not 80. Wondering if anyone has opinion on the vegas market specifically?

Just wondering what the thoughts are on this? If areas have a high foreclosure rate, is there a high demand for rental properties as people still need a place to live?

A friend of mine was telling me he knows someone who just bought a property is Las Vegas, and the agent had 3-4 renters lined up for him. After 80% down, he will be 100-200$ cash flow positive.

Hey guys, some really good points here, I was acutally looking into a ski rental investment in Vail/lionshead area and wanted to get some of your feedback. Mainly what kind of #'s would make sense (in terms of %) in a situation like this?