So with this in mind-40 space park, $200 / month pad rent- owner pays w/s/t40 x 200 x 12 = 96,000 (gross)96,000 x .55 = $52,800Now you just need to apply the CAP that fits your market- say a 12 CAP52,800 DIVIDED BY .12 = $440,000So if I saw this park listed for $96,000 I would know someone was looking at the gross, and applying a 10 CAP to the figure.

,To answer your question, I would not say a certain amount of real estate or certain number of units, I would say it would depend upon time.

For instance, nowhere in MD law does it say a condo association has specific right to tow a legally registered, operating vehicle simply for parking lot maintenance purposes, but there is case law to support it and it is done frequently even if there is no mention of it in the condo rules or bylaws.

Others get stuffed with a bad deal they can not unload, time wasted and cash lost.You did not say a lot about the actual deal and if you have buyers waiting in the wings.

Hi friends, I am new to this forum.So jus to say a Hello :)Sam

How much would you say a property should generate in relation to the purchase price in order to be successful?

if you were in my shoes and financial situation what would you do to get this deal done.now i know i'm a beginning investor but in order to even get any sort of a hard money loan right you must first have the property in question under some sort of contract first (to show your interest/control in the property and etc)this is what puzzles me when people say to first get a pre-qual or pre-approval letter from say a hard money lender, because from my research almost all of them loan on the deal at hand (well the property) that you already have under contractnow a pre-approval letter from a bank you can literally go shopping for different properties within that budget, but like i said from my research on hard money lenders right you must first have the property in question under contract and then seek to see if they'll loan you the moneyso once again what should i do, well what would you do in this situation?

We all want to buy at the bottom but the reality is most of us never will.In the stock market they say a stock can go a lot higher than you think it can and conversely it can go a lot lower than you think it can as well.

Lisa,It sounds like you're proceeding, so probably nothing much to say as far as it being a good or bad deal.How can you get a better deal in CA?

I would agree with the earlier posts in that it looks a little soft.That being said, Retail Centers are probably the most sought after property type in commercial and regardless of accuracy of expenses, I would say it always comes down to the opportunity to add value, the quality of the tenants, and the terms of the leases.For example, if you have some strong national tenants on Triple Net leases, people are willing to "overpay" for that type of property - at say a 6-7% CAP.