The first is a broad strokes tool where the PHA can adjust the FMR for the whole area by up to 5-10% up or down.

Well, not everyone want's to buy, I have countless #'s of such tenant's, and yes some prefer to keep there cash in a safe vs a bank, different strokes for different folks. 

Good points all of you, thanks for the clarification J Scott.I haven't used the same numbers for most of our purchases, but using that broad stroke it would help compare the true value of different purchases we have made and plan to make.That being said, CAP rates are typically not calculated using the 50% rule.

NOT all I don't want to get blasted painting that brush stroke but its far more than it is the good guys.

I start working when I was 14 years old and I never stopped until I had a brain aneurism and a stroke.  

For Roxbury, maybe the closer you get to the South End border you may have some appreciation.But yes, 1% rule in MA is very hard to come by, I think you'd have to get a stroke of luck.

There will also always be consumers who see brokers and agents as a necessary evil and dirt under their shoe.Different strokes for different folks.My commercial business is incredible and the best it has ever been.It's more of a gimmick and teaser on residential to get calls as the article states a fee close to 10 grand on the list side when average houses there are 400k so a 2 grand difference.I think 20 years from now we will still have the same discussion.

I made an offer on a six unit in Hagerstown sight unseen and by some stroke of luck my offer was declined.

So normally I never respond to posts unless like yours, it is detailed enough to learn something from it.I think the WTG posts if fine if you need your ego stroked, but they add nothing to the knowledge base of BP.

I call him up, and another personal tragedy, his mother just had a stroke.