NPV analyzes cash inflow/outflow at a high level-nice for companies and stock picks, not as helpful in real estate-or more specifically, to be considered as one of many calculations in analyzing real estate, not the de facto.the 50% rule (which has been discussed ad naseum) states that 50% of expenses will go towards capex, vacancies, taxes, and insurance, and the other 50% will go towards your debt service and any profit. this is an estimation of expenses against gross income.

Welcome to the lifelong land of opportunity called Real Estate.Depending on whether you are an Audiobook person or reading person, I recommend you seek out stuff by Dr Dolf De Roos, he's got a great easy to understand style and will give you a lot of the basics.

A 4bed/2 bath brick home with partially finished terrace level on a cul-de-sac with net rents of $18,540 annually is available at $160k for a 11% net return.

Thanks for responses, the online school is specialized for MD, VA, DC, NJ, DE, and then you pick your state and it teaches you the curriculum required for your specific state and only $250 bucks minus books and 60 hours.

I would recommend a LLC from either Delaware or Nevada.

I purchased my home in 2006 because its in a quiet dead end cul de sac.

There are stickers everywhere saying the house has been Winterized and to have a plumber de-winterize and turn on the water etc.

Also I form my LLC's in Delaware.

In DE they are 3%.What's more, the PA law is complicated, but boils down to this: 2% ofEITHER - the contract priceOR - The assessed value times a factor that increases each year based on how long it has been since a county assessmentWHICHEVER IS HIGHERSo, it is possible to get a great deal on the contract price and pay more than 2% (in PA) for the tax

@Bradley De comarmond  Thank you for the balanced and informative answer!