Simply what the market rents are for the set ups you have multiplied by the numbers of units in the building multiplied by 12 to get the yearly total.

I simply figured that because of the prorations and fees, etc., I had extra money to spend on the rehab.

They may choose the best story to tell, but simply painting best case scenarios is not the norm.

If the rest of the story involves lack of communication and her inability to convince you of her situation so you don't spend the money evicting, then my advice would be to move forward with eviction.

A lack of education in this subject can be quite expensive.

Its simply your monthly rent.

See my post on this thread about comps on July 27, where I talked about lack of a market for some properties.

Again, sorry to hijack this thread if I am...Lack of POF and/or track record = tough sell when promising a listing for a property you don't have the means to buy.

I simply put a 60 business day assignable contract on the property, and simply by word of mouth sold it for a $15,000 profit within just a few days.With that said, all I spend my days doing, is looking for deals and making offers.The best piece of advice I can give you, is never ever ever look at a property without making some sort of offer on it.

If you and your attorneys with the seller play games back and forth it will only cost you the buyer and seller a bunch of money and make the attorneys happy.If the seller wasn't of sound mind at the time then they could simply void the listing agreement and withdraw the property off the market.