Chris thanks for the info, chris i also found out that my thoughts were correct.there is no set value, the value of the property is based on what makes sense for you to achieve your investment goals (that's it).some will say to not rely on the cap rate for your purchase decision (which i agree), but to use it to compare to other similar properties that have sold in the area, which is actually not reliable because 1. there will be less comparables, 2. how properties were purchased vary from deal to deal, 3. the inner workings of most transactions are confidential.so the best way to analyze a deal (while using cap rates) is to add your financing terms into the picture (principal + interest and etc) and calculate what the deal is really worth to you.see the normal NOI/Asking price = cap rate is based on if someone were to pay all cash, this is the return they could expect first year, but paying all cash for a property doesn't happen all that often (bank funding will be use for a large portion of that cost).so i found the best way to use this formula and analyze my deals is by look at all factors but also including my financing terms with my desired return objectives into the picture to get a proper view and value to me.

You need to spell out how decisions are made.

Guess I missed this joke.There is a difference between 'working' with other nations and making a voting decision based on what other nations think or who they would like our president to be.

If the agents didn't keep following up with you, it would sound like you made the right decision by not hiring them.

Our yields in cities vary approx 2-4%, so I'm trying to come to terms with some cultural differences regarding home ownership.In a recent discussion on an Aussie property forum regarding forecast flat or falling property values, many local investors put the view that there is a natural floor on values caused by the rent/buy decisions of current tenants.

Ive read , Rich Dad poor dad, and Think Big.. and now I have " real estate riches" that I am currently 1/3rd through..

It contains a detailed Cash Flow Analysis module along with several other modules that enable you to make intelligent investment decisions and store relevant documentation and contact info for each property.

Well Truthfully basing your decisions on a program (FICO 08) that has been talked about for years and still has not been implemented makes little sense.

Please tell us you are not basing your investment decisions and advise on one man's personal beliefs!

Good luck in yur decision making