He has property in Delaware county, suburb of Philly.Very smart and savvy investor and a great guy too.

@Jay De Guzman ,Kumusta?

Originally posted by @Jay De Guzman:Hi BP,I recently got a property under contract but left the earnest money deposit and closing attorney lines to use blank.They came back with it reviewed from their attorney stating he will close the transaction and requests 10% down to be held at his firms trust.  

Prices in class A and B in the Bay Area has already gone past the peak in 2007, I do expect that would follow by class C, D, E....neighborhood in the Bay Area.

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.

I just terminated a contract with Fannie Mae because I couldn't get the listing agent to de-winterize the property for inspection.

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.

WholesalersListen to this podcast for some ideas: http://www.biggerpockets.com/renewsblog/2014/04/10/bp-podcast-065-creative-investing-wendell-de-guzman/#comment-155913

Hello, I am a college student in Delaware looking to earn passive income from rental properties.

Hello @Wendell De Guzman,No one knows the answer to that question because each time the cause seems to be different.