Get their numbers and substitute them with REAL numbers and add in all the expenses they left out (management, maintenance, cleaning, adverts, transportation cost, etc) and build your offer that way.

I was going to sell and at the same time buy a multifamily, but in this competitive Boston market, we realized it was going to take much longer to find a good multifamily house to invest in.

Great schools close by, low crime, residential tree lined block with easy access to transportation as well.

I'm not familiar with Carlsbad's specifics, but thise numbers don't take into account Big (note the capital B) costs for water and sewer capacity, school, transportation, permitting, and a bevy of other costs.  

In much less than 30 years our transportation system will be completely overhauled simply by technological advances. 

I plan to move down to the Boston area, where prices are generally much higher, making me worried about positive cash flow (or at least staying par for the course) while I'm house hacking. 

Hi All,Does anyone with experience flipping or rehabbing in the Boston area (South Shore specifically), work with a GC that they would recommend?

I don't have a problem with a 10% cash-on-cash return if your in a very strong market like Boston or New York.

http://www.wcvb.com/news/local/boston-north/firefighters-seek-to-help-westford-fire-victims/-/11984708/23602974/-/wtvo7rz/-/index.html

It become worth a lot when it gains (1) rarity (2) utility for another owner due to its attributes-size-access to transportation routes-access to markets, or (3) when it is sub-divided and has infrastructure added to it.If your land doesn't meet one of those three attributes you should take a very hard look at WHY you're buying it.all cash