Plus you have companies like Zillow and some PE just paying silly money to buy property.On our first flip we had the purchase using a regular loan, we had some reserves from a prior property sale, and some healthy credit line as well as decent paying day jobs and we had to tighten our belt a bit.

So here's the (abridged) story so far...Facts:Purchased Two Family in Belmar in April (Two Single Family Homes on One Lot) Using 203k loan with both homes needing "Gut Job"Confirmed Legal Two Family with Tax, Agent, Closing Attorney, and Seller DisclosureHired 203k Consultant (formal written agreement) to prepare a formal Scope of Work for Project with GC leveraging and singing offThe homes had indications of structural issues (through inspection pre-purchase) and all parties were aware before closingUltimately had to hire Architects with PE in-house to draw plans to repair structures using concrete slabsCalled Local Building Inspector and told him the profile of the multifamily homes and that we found major additional issues when demo-ing | He said he would look to only make sure they were up to current code.Spoke again before we submitted permits to tell him about the project and he seemed "fine" as long as it was up to code and just a repair with no foundational footprint change | No exterior walls are being moved, sq. foot remains unchanged, no floors added.The loan is FHA 203k so one of the units will be a primary residence (actually the back unit)Permits were submitted almost two weeks ago with only simple questions returned so far from zoning (the first step in Belmar)Issue:PE told me that he was surprised that town was allowing me to due to a rehab of this size considering the two-family structure has the "backyard" style home which they apparently no longer like.

By "ease" is meant the idea that it's got a whole different set of mechanics compared to analyzing P/E ratios in stocks, and some folks just don't know much about it,  but more fundementally, the physical repairs and the interpersonal rigors of being a landlord.

Occupancy) 151,021 Annual Gross Rental Yield 8.7% Net Operating Income   Mortgage Interest 58,706 Insurance 7,000 Property Taxes 26,970 HOA - Capex 6,960 Maintenance Costs 17,400 Property Mgmt Fees 10,080   NOI 23,904.3 NOI/Month 1,992.02 Net Rental Yield/Cap Rate 1.4% Cap Rate ( Excludes Interest) 4.7% PE Ratio 73.30 Cash on Cash 6.9% ThanksPrabhat

After receiving a stop work letter during demolition, and realizing that my GC made an oversight on the level of drawings required for the level of renovations we needed to perform, we hired a local design/PE company to complete the structural, electrical, plumbing, fire, and energy efficiency as required by code enforcement.

Everyone listen up, I hate to break the news to all you P H I L L Y Haters out there(Especially you MET Fans) But the 2009 Season is already in the Bag......Can you say........R E P E A T !

Oh what a different world we live in today, the golden years are over.A lot of VC & PE firms are just staying on the sidelines.

Also, many people are starting to avoid risk so the P/E ratios will be contracting.Outside of that, with the current real estate market at hand, I've decided rental real estate is the best way to go right now.

was to attract the younger viewer who did not care about P/E ratios and sound financial data.

(Very low P/E ratio) I use that and CDs as comparative investments.The depreciation recovery was a facet I was not aware of.