The market rents for units is up significantly over the past few years - $800 for 2/1, and $950 for 3/1 - not too bad compared to purchase price.

Compared to rates from Hard Money lenders at 8% to 15% this approach is less costly in that context and fees are usually lower than a Hrd Money lender and no experience at rehabbing is required since the loan will not be approved unless ARV makes sense.

Hi all,I'm compiling a spreadsheet to help compare different potential out-of-state markets to buy and hold.Some hard and soft criteria include (1) job growth; (2) Population; (3) Diversity of Industry; (4) Housing Price Projections; (5) Landlord friendliness; (6) Real vacancy rates; (7) unemployment rate; (8) demographics (should target 18-64, am I right?) 

@Colby Brown you can research rental rates by using rentometer.com or zippy.com and/or looking up comparable listings on craigslist, Zillow, hotpads, etc. in the same way you would do a CMA when trying to find the value of a property.  

You could just buy one, comparably, already to go for that price!

My PM suggested to give 500, it seems high to me compared other states.The property is in good condition but in a high crime area in the south of KCMO.

Typically the premium is fairly inexpensive.Also, the premium for liability is VERY inexpensive, so I would say at least 500k and compare it with 1M.For the umbrella, you'll have to have a minimum of 300k

But there can still be room if you've got the right units to make a comparable return.Oil and Gas and mineral rights are also 1031 compatible. 

While the investment options of many conventional retirement plans are not amazing, as savings vehicles they have several advantages that will pay off in the long term.If you are in a 30% tax bracket, then when you make a tax-deferred contribution to your plan, you can put $10K in as compared to putting $7K in your personal control after paying taxes on income. 

But It is really worth it when thinking about loans to consider your options because the most important element in real estate investing is TIME.