All Forum Posts by: Salvatore Spano

Hi all,

I am new to the US rental market and have a few questions.

The item expenses, to be deducted from the gross monthly rent in order to achieve the NOI/cap rate/net gain, etc. is for me the biggest obstacle when trying to decide on any investment.

Unfortunately, it is not often possible to arrive at a reliable figure/percentage, I have seen many vendors/operators give vastly different estimates.

As a general rule of thumb, I would be inclined to think that it could be anything from 30% (minimum) to 50% or over. Of course, it depends on many different factors (location, type of house, condition of house, quality of tenants, quality of property managers, etc).

What % is reasonable and achievable for you?

Thanks for any reply.

Hi all, this is my first post. I am a non-US resident/citizen.

I am thinking of selling the only property I have in London (UK) and investing in Ohio (or indeed any state in the US). My investment in London is very safe, the property has been let continuously for the last 13 years, but I am not achieving more than 3.6% cap rate at present.

I would be able to invest up to 380K in the US. I would like to know:

- would I be able to achieve a better overall cap rate? Is this something worth considering?

- would it be more profitable to buy 5-6 properties or just a couple? And where? (Ohio has very attractive returns at present)

- any other issues I should be considering?

Thank you in advance for any suggestion.