Cap rate is 5.5 to 6.5%, not bad for S.F. 

While cap ex is inevitable, there are certainly ways to prolong the life expectancy of major services such as scheduled filter changes, scheduled drain clearing, etc.

IF a handy capped applicant has a credit score below your minimum requirement it is irrelevant that he is handy capped.

The theoretical cap on what a business could earn placing the right employees into the right job site is huge.

Your father needs to realize he’s not only taking a capital gains hit, but a depreciation recapture hit, which may be equally as large as cap gains.

Rockaway Beach - New CAP on licenses.

For analyzing properties, BiggerPockets, DealCheck, and Roofstock are great tools to evaluate cash flow, ROI, and cap rates effectively.

I can justify any price (and some high fee syndicators are still doing so), if I just play with assumptions, prepay and buy down my interest rate, and hope that sub-5% cap rates will be returning in the next few years.But if you know your market and market cycle, have an idea where interest rates may be going (this is an educated guess for all of us), and then have your assumptions, you can certainly have the conversations you reference with brokers and see what their take is on pricing and if it is worth writing.Finally, I have said this before and will continue to say it, whether we are talking single family homes or 400 unit apartment complexes, off-market purchases do not make something a deal.  

A 5% yield in a savings account is not as good as a 5-6 cap rental, in my view, once I factor in tax advantages of the rental vs the simple interest taxed at ordinary income rates from HYSA.

Other than saving a certain amount from each rent payment (for taxes, insurance, PM, general repairs, maintenance, Cap X, and vacancy), does anyone have a rule of thumb for what a good amount of reserves would be for a SFH or any 1-4 unit property?