Be sure to include all the transaction costs.Commercial and small residential properties are driven by different factors.

I know one of the major factors are the credit balances and how much available credit there is.

I know the "GURUS" talk about being there for the BPO and influencing it if possible.Well, the BPO is the most important factor.

The market has had negative growth for the past 8 years if you factor in inflation, real wage growth, stability of our market, consumption vs. production, spending vs. savings, and many other factors.

The vacancy rate is only one of a large number of operating expenses and many of these expenses are constantly changing due to a number of factors.

First of all, none of you are Tony Soprano, and secondly this business requires morals, ethics and integrity.

If you factor those into the amount that was paid off for them when the house was sold from them to the buyer (your realtor?)

Address: 520 CHERRY STCity: STANDISHState: MIZip: 48658Price: $69,900Agent: Not AvailableFirm: INTEGRATED ASSET SERVICES, INCBrokerage Address: 4600 SYRACUSE ST #700 DENVER, CO 80237Phone: 303-770-1976

at that level of investment, your renters could buy cheaper than you could rent it to them after you factor in your profits and operating expenses....

More work, but better ROI.How do you factor in the transaction costs and the tax impact when you compute the IRR?