I took a video of my inspection and uploaded it here (http://youtu.be/OfMRMK_IxYI).

I can give you a few questions to make sure you are asking a few responses that you are looking for from a company you choose to do business with.All the best with your 2013!

My basic return formula looks like this: (Gross Income -Adjusted Expenses) / (Purchase Price + Required Improvements) = Return on investment.Shortened up: NOI/Cost=ROIAssuming the building you are considering has no deferred maintenance and assuming the seller’s Net Operating Income (NOI) figures are correct then to obtain a 9% return you would want to buy the property for $24,151/9% = $268,344.If you choose to finance the property then the terms of your loan and the amount of your down payment will determine what your return on your invested cash or ‘Cash on Cash” return is.

I told him I would give him an offer with a couple of options for him to choose from after I looked at the numbers.So, here's what I have:It's a duplex in Lake Havasu City (popular retirement & family community).The man has a dread disease that has forced retirement and is anxious to sell this prop.

The original Tenant/Buyer shall have the right to renew this Agreement for an additional sixty (60)days if original Tenant/Buyer so chooses.

If you choose to go the way of a partnership make sure to put it in writing.

However, very rare the IRS can choose to not accept your change in accounting method.

I've been paid to take photos and video of properties for out of town investors, and to give opinions on what the rents might be there.

You have to elect to have it treated as anything other than a partnership or disregarded entity.You could choose to have the management fee paid to the corporation for doing the work.

Office07 or 10 docs - just do Save As & choose PDF and Bob's your uncle!