So $650- $486.80 = $163.20.I guess the $163.20 is my predicted cash flow based on the rule of thumb that %50 of my total rents will go to expenses.

Use the S&P 500 right now, even though indexes are dynamic and change over time, the Dow is departing from its historical operations so it has lost some forecasting ability-but it still has the psychological aspect of that's what people hear and talk about most of the time.I've noticed that about a year ago, most of what I read predicted a low of around 600 for the S&P 500 (only -15% more from here!).

Hi BP community, pardon my ignorance but as many economist are predicting the buble to once again pop (this time with worse consequences), is section 8 safe?

man, that sure does appear to be an overheated/bubble market but no one can predict the future.congrats - if you can make $ on your 1st flip, you are in the minority.

If you can predict (guess??)

A lot of people predicted a market softening and it never happened.

I don't care how good of an investor onesie, there s nobody who can predict or control the future.nyou can have the best tenants until they experience a death in the family, a job loss, a medical issue, etc, etc, etc and wham, you now have a tenant that can't pay the rent so you lose money.

If you are trying to predict with accuracy whether or not you have a good deal by including amortization even though your COC might be subpar then consider this.

@Abraham Arteaga - You make a good point. it's impossible to predict where the market is going.

However, I predict this will change soon.