In this digital age, the issue of geographical location is becoming less and less important to running a successful investment or rental business.3.

the bubble "pop" ain't happening. when you've got a decrease in home prices not seen since the depression, it's bound to come back up.I find it comical where everybody fears a bubble yet at this time last year I was speaking of how we will see a double digit increase soon. all of the "BP nation" told me I was on drugs and that "the experts" don't expect that for some time.I hear a lot about the govt being in debt & I agree - they're incompetent fools yet the value of this country - just based upon precious metals, oil, etc puts us at an infinite number. we ain't going anywhere.and let's just say the housing market does crash. good!

There are so many other markets that can achieve double digit returns.

This day and age, it's also easy enough to have the PM send before&after digital pics of significant repairs.

Ali:A pretty blanket statement which would be akin to someone saying prices are too high in the entire U.S.A. to support positive cash-flow.There are lots of markets in Canada in which a healthy cash-flow is possible - naturally Vancouver (BC) and GTA (On) are not two of them at the moment - some where, with a little perseverance, you can even see cash flow at a double digit rate.

Figure mid double digit interest rate, a handful of points and 6-12 month term, maybe a bit longer.

I think it'd be too expensive to dig it up and meet that requirement so I was thinking of possibly duplexing down from the 1st floor, depending on total cost and how much it would raise rent.

I currently work as a digital marketing consultant for Madwire Media.

Double digit yearly cash-on-cash returns, 20+% IRR, and double your investment in 5 years.

Some investors will happily add a 4-cap property to their portfolio, others won't look at anything that's not in the double digits.