Present Value is the present value of future payments, this would really only produce the loan amount.

The agent wasn’t very knowledgeable when it came to investing in income-producing real estate, but she was willing to spend the time I needed to show me whatever I wanted.

The Bakken is the biggest oil reserve found in the last 40 years and ND will soon be #2 on the list of oil producing states.

well it used to have income producing,,,not anymore,,but doesnt cost me anything either,,,guy living there pays all costs including taxes.

I know it will cost about $4000 or so, and before I do that I want ideas about other uses for it, whether it be with water or rocks or nothing, in it.

The income produced from the asset alone will not be enough.This of course assumes we are speaking about traditional financing and not any creative strategies.

:rock: Tim, perhaps my suggestion could have saved you the $480 my man!

They could be as rentals or rent to own or even owner financing which will produce a continuous income which goes along with your growing reputation in that town as the one to come to for your resonably priced homes.The mindset of the small towns are what you must get past.

I would help with everything form demolition, to clean up to sheet rock to the finishing touches.

But every time any body produces a meaningful set of data, its been borne out.