In today’s market, many multifamily deals are closed between 11%-13% IRR, while y minimum is 15%, and that’s why most deals don’t work for me today.AAR [Average Annual Return]Average annual return, or AAR, is another metric used by investors to look at the overall historical performance of a specific investment.

However, if you know what each constant and variable on the left side represents, and what a change to each does to the overall problem, you can develop a strategy that works.6 + 6 = 12;  20 - 8 = 12; 3 x 4 = 12; 3x + A - B(3y - 2x) = 12 if A = 3; B = anything; x = 3 and y = 2or, if you are selling 12 eggs, but the buyer only wants a dozen, then don't argue...and just sell them a dozen eggs.

Cam and Keenan, thanks for the recommendations! 

When it was smaller I was able to manage all of the lease details, rent increases, certificates of insurance, maintenance schedules, cams etc. using XL and my accounting team use the basic package of sage.

If the market will bear $XXXX per month, why take $XXXX - y (???)

At some point, 2 years later or so, after I showed income on my tax returns and a history, I got added on title and did refinance or sold the properties I did not like.At the same time I cam across other opportunities like owner financing, subject to and banks which owned REOs in bad parts of town and wanted to get rid of them, offering 100% financing.And this strategy still works today.

Hi, I have yet to invest in my first rental property but this whole tax situation is started to scare me away. Are there any good books on Rental property’s and taxes? We’re can I find a good CPA?And the big question,...

Y You're rationalizing a poor deal into a good one.

for example if the tenant rented the dwelling at X price expecting Y amenities - whether that is a certain sized fridge or a glass topped stove -  If you reduce the amenities this is an issue and should be handled by reducing the rent to make up for it if you cant get a similar fridge or stove. 

I am a cash buyer and started wholesaling from the beginning but now I have ma y properties I hold and rent but also buy all cash and flip.