my friend paid to find an apartment. it took him a long time and he didn't find anything worthwhile. what a waste of $$. he's on the internet 24/7. why not look around for free service websites?

I'm looking to do some real estate investments that do not involve tenants, and was wondering if it's worthwhile at all to look at buying and holding land?

At some point the sprawl will be contained either through boundaries like Indian reservations (to the south of Phx) or simply too great of a distance from jobs to make people's commutes worthwhile -- which will jack up prices in places where people have already built, which means even more appreciation for home values.The big negative here is that these are cities in the desert, and if drought keeps going (a real possibility), then there might not be the natural resources there much longer that would sustain the population, which of course would mean people selling and moving out and losing a lot on their real estate investments.

I get a hefty split and was worthwhile versus the smaller split I would have received with other companies.

Would a pop up for non-members be worthwhile?

Now I feel reading a course of two and having a few friends as investors is all you need to start looking and if you have sumthing worthwhile you say "hey investor friends is this a deal" they will tell you.

Yes, you can find enough at a strong enough discount to make this whole thing worthwhile, but the whole key IS finding the deals.

Price/ Unit $ 52,500 Price/ Sq. ft $ 74.46 Rental Income Scheduled Rental Income 48,000.00 ( per year) Vacancy (0%) 0 Effective Rental Income 48,000.00 Service and Other Income 1,615 Effective Gross Income 49,615.00 Operating Expenses Utilities: 4,320.00 Repair & Maintenance 1,300.00 Turnover Costs/ Cleaning 3,000.00 Taxes 2,568.00 Insurance 1,750.00 Total Operating Expenses 12,938.00 Net Operating Income 36,677.00 Debt Service 22,884.00 Cash Flow 13,793.00 Cash Flow/ Month 1,149.42/mo Cap Rate 9.178% 4 2-bedroom units rent for $550 4 1-bedroom units rent for $450 Can anyone help me figure out if this is a worthwhile deal?

I'm shopping rentals with this factor, but I already have one that has become a nightmare, and I'm in the process of evicting to sell, because it is just not worthwhile.

I will be looking out for an older house on a good sized lot in an area where new houses are going up and plan to build a new house on it.My question is, what formula do I use to consider if the house is a worth while project to undertake?