All Forum Posts by: Sam Green

Good luck Bob. Make it happen!

Nice article. I hadn't heard anyone else talking about #2, cash sales, before. Thanks for sharing.

Ouch! Busted :eyes:

I'm not sure, but you idea sounds like a scam Dwight. Am I crazy?

Welcome and good luck with your projects, Bob. You'll find this site to be a great help for advice. It sounds like you already got some. I'm one of the old members who disappeared for a while, but I'm loving all of the changes that I see.

FROM WIKIPEDIA

A Capitalization Rate (or "Cap Rate") is a measure of the ratio between the net income produced by an asset (usually real estate) and its capital cost (the original price paid to own the asset). The rate is calculated in a simple fashion as follows:

* Net Income / Capital Cost = Capitalization Rate

For instance, if a building is purchased for $1,000,000 sale price and it produces $100,000 in positive net cash flow (the amount left over after fixed costs and variable costs are subtracted from gross lease income) during one year, then:

* $100,000 / $1,000,000 = 0.10 = 10%

That asset's capitalization rate is ten percent.

Capitalization rates are a measure of how fast an investment will pay for itself in net cash flows. In the example above, the purchased building will be fully capitalized (pay for itself in net income) after ten years.

I think he asked how notes work. Can you help explain how they work? If so, please try and answer the question with specifics. General info like "it is not a get rich quick" is not helpful to anyone.

Thanks!

Hey. Have you had any luck finding investors to help you out?

Of course agents want people to be pre-qualified. The problem is that you said that people have to use your lender. That doesn't sound right. Buyers should have the right to use any lender they want.

Anyone? Is it legal to force buyers to use your lender?

I think the "are you kidding" was talking about you being the only one who can pre-qualify people. I've never heard of that either. Is that even legal?