Can I see the company's financials?

Here is how I see the numbers as a rental:Purchase Price: $145,000Gross Rents: $1,350 Operating Expenses: $675NOI: $675Mortgage: ($145,000, 30 year, 6.5%) $916Monthly Loss: $241 OUCH!

I am scheduled to see the repo officer at the bank (friend of a friend) but i need to find out what the bank has in it to run the ROI and cost numbers.

i will say this...when you do this...and you actually start to see things change - the feeling is absolutely unbelievable.

You can try it like I did, put in the addresses of a few houses that you are fairly certain of in terms of value and see the results.

Hi Minna,one possibility could be to search the county tax appraiser's website and look at properties one by one, where you will see the address where the tax bill is sent --> the owners' address of record.It's not a simple 'put in the parameters and create a list' method, but if you are targeting a certain community, for example, you can identify the owners' locations that way.

Mark Twain“We see things not as they are, but as we are.”

I even listen to your sarcasm and try to see the nuggets of truth underneath!

Good location for a rental..not an OO, as you can see the highway from the top floor.

If I can't see the home, inspect it, pull the comps and know the market, I could never tell you what to pay for it for a rehab.