Some individuals send extra money in on their mortgage not specifying that it goes to principle and guess what.....it's placed on pre-paid interest.

I agree with Dave that many people may choose to sell their house after the principle is reduced but I guess that won't lower neighborhood values anymore than bank-owned sales do.

He said the PM told him to NOT do the windows or blinds, he said he objected because it was dirty.

Chris thanks for the info, chris i also found out that my thoughts were correct.there is no set value, the value of the property is based on what makes sense for you to achieve your investment goals (that's it).some will say to not rely on the cap rate for your purchase decision (which i agree), but to use it to compare to other similar properties that have sold in the area, which is actually not reliable because 1. there will be less comparables, 2. how properties were purchased vary from deal to deal, 3. the inner workings of most transactions are confidential.so the best way to analyze a deal (while using cap rates) is to add your financing terms into the picture (principal + interest and etc) and calculate what the deal is really worth to you.see the normal NOI/Asking price = cap rate is based on if someone were to pay all cash, this is the return they could expect first year, but paying all cash for a property doesn't happen all that often (bank funding will be use for a large portion of that cost).so i found the best way to use this formula and analyze my deals is by look at all factors but also including my financing terms with my desired return objectives into the picture to get a proper view and value to me.

For years, I'd flip open that book, put one finger on the principle amount and another on the interest rate and find the payment for P&I.The quickest way *now* is to buy a cheapy business calculator and learn to plug in the numbers.

They drop and drag heavy objects over ceramic and vinyl.

Tyler - why can't a licensed broker in California do a sub 2 will full disclosure and acting as the principle and not the agent?

Many early Americans, who were not Christians, understood that Christian principles respect even those who are not Christian.

He says you can simply sign a "purchase agreement" with a buyer giving you principle interest in the property, find a rel estate agent, have them list the property on the MLS for more than what your purchase price, and sell, keeping the profit.

He decried the free market's belief that nature and human beings are objects whose worth is determined by the market.