I wonder if McDonalds, Arby's and Wendy's belong to a fast food club?

Lou,My numbers are below, and come with the following disclaimers:Ignore returns % (They aren't programmed correctly)30 yr am and 5% (might be long & light)I forced 15% of and on my investment as a return (I usually do 10% each)8% Management (I dropped this from my usual 10%)7% Vacancy (I dropped this from my usual 10%)7% Reserves (I dropped this from my usual 10%)The Management, Vacancy and Reserves are ON TOP of the seller's numbers, which include those items in their expenses.With my model, I look for positive cash flow after it's all said and done... and this property does that, albeit at slightly lower Return/M/V/R than I like... but it looks like it could be a winner if the numbers hold.

In my opinion it should be directly out for anyone who belongs to BP, because we aren't here for that.  

For all intents and purposes (there is a slight allowance for inflation, capped at 2% even if you experience 10% appreciation in a given year), the property taxes are just as fixed as the mortgage, so they belong on the right hand side of the formula. 

Hi Mark:I am very happy to belong to BP. 

I live in Philadelphia, PA and have a relationship with an acquaintance whom is willing to fund investment property deals whether they be long term buy and hold, flips or buy, renovate, refinance and holds.

The note business really excites me, but I want to make sure I invest in a business that can be long term (10 yrs +).

We have offered a great amount to someone and we are willing to help them relocate any or all of their belongings.

Hours can be long, however, if you don't hire employees to take off the workload for you.

Being I didn't do that, and instead drove slow through he ice we're getting pelted with and then cooked some supper; I thought for sure any lead would be long cold (other agents in my market are starting to wise up...).