If you put yourself in the rational consumer’s shoes, you would consider the total cost of each of the following housing options:A) a monthly mortgage payment + utilities + insurance + taxes on a single family home that you buyB) a monthly rental payment + utilities on a 3 bedroom single family home that you rent C) a monthly rental payment + lot rent + utilities on a 3 bedroom mobile home rental that you rent D) a monthly mortgage payment + lot rent + utilities + insurance + taxes on a 3 bedroom mobile home that you own (own the home and rent the land)A deal breaker for me is a situation where there’s <$200 spread between options A/B and C/D.  

I have a BS in Computer Engineering, a minor in Math, and an MBA...and am only now turning to real estate as I round 40 years old.

A, B, C, D?

It’s a BS clause wholesalers try to use to back out of a deal.....they don’t have a partner....it’s a tell tell sign to an informed seller they’re not dealing with a real buyer.

The area is an AB class area with an AB tenant pool.

Hi, I have a couple (semi-retired) that I am considering for renting my townhouse in A/B neighborhood.

Its in a B neighborhood  and is a C property (Just for a backdrop)Asking price- $239,900Taxes- $3,085/yearInsurance estimate- $840/year Income-$2,200/month Down payment and rehab -$30,000 all form an equity line btwinterest rate - 6.25% (7 year ARM)Utilities payed by tenet Will be self managed At full ask im looking at a 9.4% Cash on cash return.

I am putting in new windows in my rental property in Milwaukee in a B class area. 

@Johnny Situ  When you list A,B, and C properties, are you purchasing all three, by spreading out the $60K as downpayments for each?

A 400k SFR in a B neighborhood rents for 1800-2000 these days. 40% operating expenses and a mortgage take you welllllll into the negative.