Ryan send me a email and i can send you my spread sheet for excell on how i determine a good buy that is in my search criteria, you can customize it to fit your buying needs. in general i'm finding that I have to offer about 60% below market value, which is hard to find a good home like that.

Here is the problem that i'm coming with is that there are only 3 residential units filled and it has 2 commercial units vacant and 2 residential units vacant. the residential units rent for $350 each plus utilies the commercial units go for $500 a month plus utilities. when i talked to the realtor he acted like i'm stupid when i asked what would the owner of the building pay.

By doing so, the hotel rents out your condo to their customers and usually splits the room rate.

i just received my notification in the mail that my real estate sales associate application was accepted.I take my state (florida) test next week and feel confident i'll pass, no problem. my problem is that i dont know what direction i should take. i want to work for a owner developer like KB homes but on their website is says "recent residential sales success preferred, however new Licensees with a proven successful sales or customer service background are welcomed" i dont have a strong sales background and my resume won’t have any sales experience highlighted at all. what should i do?

[b]BiggerPockets is Giving Away Customized Real Estate Websites!

Utilizing this strategy together with a huge network of bird-dogs, they are able to put together a large amount of deals in a short period of time.

That is unless you utilize a 1031 exchange.Now, the parameters of dealer status aren't concrete.

My other question is about utilities.

We are Customer First Homes, LLC based out of the Detroit area.

Thanks.5 Unit aparment house in Rhode Island7 Parking spaces for add. incomeAking 299,000Purcahsed for 250,000 ( 16% less than asking price ) 299,000 - 250,000 = 49,000 / 299,000 = 16( 25% Down{50,000.00})200,000 mort.30 Years7.8% fixed1439.74 monthRental Income525.00 for average unit ( This may be off for this area or not )Gross Monthly2625.00Yearly Gross31,500.00Parking Space Income175.00 month ( 7 x 25.00 = 175.00 )175.00 x 5% vacancy = 105.00Parking Space NOI 1995.00 yearlyExpensesGas ( 50.00 month, 600.00 yearly )Electric ( 100.00 month, 1200.00 yearly )Water ( 70.00 month, 900.00 yearly )Total Utilities ( 220,00 month, 2640.00 yerly ) Vacancy ( 131.00 month, 1575.00 yearly) (31,500 x 5% = 1575.00) Taxes ( 275 month, 3300.00 yearly )Insurance ( 100 month, 1200.00 yearly)Yearly Rehab ( 75 month, 900.00 yearly )Yearly Maint