I know the question was sort of out there but there is a profound underlying tone to it that should stir the mind of rei's.

Would being next to a condemned property significantly impact rental potential?

Hi all - I just had a fantasticcall/discussion with Brian Gibbons on all the important topics & aspects of various real estate deals... he helped me get focused and energized on a course of action, that if I excute will lead me to exactly the place I want to be in my real estate business.His easy going, straight forward demeanor, couple with his outstanding knowledge made the converstaion easy and very impactful.

Does anyone know if there are tax implications with transferring a property out of an LLC and into a Realty Trust?

How do you think that huge student housing complex across from the Landmark is impacting the Glassboro rental market?

These zoning changes can impact the financing options of the property with these types of units.

I think what both of you are saying is that likelihood (or probability) is less when you are not leveraged (fewer units) , The impact could be more severe than if you leveraged and owned more units Let me quantify Basis From example above $300K start with $50 K houses / Rent $750 Expenses (%50) $375 ( you still have taxes and insurance regardless if you carry a mortgage or not) Appreciation 5% Option 1 Buy 6 $50K houses free and clear Starting equity = (300K value – 0 Loan Balance) = 300K Income = $750 Expenses (%50) $375 Cash Flow $375 Times 6 units = 2250 Month (same as Mr Duncan Demo) Option 2 Buy 12 $50K houses ($25K Down, $25K Financed) Starting equity = (600K value – 300K Loan Balance) = 300K Income = $750 Expenses (%50) $375 P&I (25K at %5 for 30 years yields monthly payment of $134 Cash Flow $240 Times 12 units =$ 2880 Month Risk assessment / Management While the probability of getting a bad tenant is more with the greater # of units, The IMPACT would be less: Risk Analysis Hazard : getting a bad tenant that late/skips on rent Effect: you lose one months rent ($750) Probability of Incidence (PofI) = in our example 1 in 20 (5%) Option 1 PofI = 6 units *(.05) = 30% chance Impact + (-$750 cash flow ) -> Net cash goes from $2250 to (2250-750) $1500 a (%33) decrease Option 2 PofI - 12 units * .05 = %60 chance you get stuck Impact = ((-$750) cash flow -> net cash goes from $2880 to (2880 – 750) 2130 = 26% decrease So while the chance Is greater with multiple units , the impact is lessoned due to the other income streams.

I like what you are saying, and would love to positively impact the area if I could.

The good thing about a roof job is that it has very little impact on the living situation in the home.

In the next five years the will be alot of new industry and charges to the infrastructure that could greatly impact the overall market.