a reasonable after expense net should be 1% a month, or 12% a year after tax considerations. a property management team with depth in that arena is just as essential as a co-venturing partner that may position you to derive that 12% yield on a fully passive basis.

The Seller, through the Buyer, will pay a locator, referral and/or contact fee to the Consultant for the Services equivalent to $______________ (_______%) of the total proceeds derived from the sale and/or purchase of the certain property located, referred and/or contacted as requested by Seller and/or Buyer, or a flat fee in the amount of $_______________ for services as described in Paragraph 1 above.

Anywhere you own property or conduct any type of business or derive any income from the state you need to file a certificate of authority or register as a foreign entity and pay taxes to the extent required by that state.

The point is, no one in 2008-2010 would buy these portfolios anymore so by Mark to Market accounting these 1 trillion dollar portfolio derivative securities were worth nothing or pennies on the dollar even though they were still generating a massive return regardless of how many foreclosures were going on.This plus so many practices are not happening anymore so even though the rates might go up, money might dry up, and the real estate market might take a downturn or level off, there will not be the cataclysmic fall out that you saw in 2008. 

Hi my name is Alex I live in Mesa Arizona I'm an investor in real estate and business if you really want to buy property wait until 2018-2019 there is a derivative bubble. interest rates will slowly go up the stock market will crash first .

According to the Howey test, an instrument is only a security if it involves an investment of money or other tangible or definable consideration used in a common enterprise with a reasonable expectation of profits to be derived primarily from the entrepreneurial or managerial efforts of others.

I agree 100% with the points behind most of these "real estate vs stock market or other non-tangible paper asset that is only some derivative of something else with actual value" arguments.

If they are, consider this: Income can be derived three different ways: First, from the Non-refundable consideration a Tenant Buyer could provide you (In my market about 8-10% of the current ARV of the home).

You may be surprised at where expenses derive from when you are the owner.

In essence, the NOI over cap rate to derive the value.