It motivates BOTH Realtors (listing & buying) and cuts holding times (listed time) into the single and low double digit times.

You need to find a comparable size house (bedrooms, baths, and square footage) with similar attributes and in the same area to be able to accurately determine its true value.Then you would need to determine an accurate estimate of repairs/updates needed to sell the property for that area.

In reference to double taxation on a rehab, I am not sure exactly what you are referring to.

It has six bedrooms on the second floor.

I have seen the section 8 fair rental rates before but i find it hard to believe that if they pay up to 1500 a month for a 3 bedroom then i can go get a POS 3 bedroom for 25k and rent it for 1500.

Price/ Unit $ 52,500 Price/ Sq. ft $ 74.46 Rental Income Scheduled Rental Income 48,000.00 ( per year) Vacancy (0%) 0 Effective Rental Income 48,000.00 Service and Other Income 1,615 Effective Gross Income 49,615.00 Operating Expenses Utilities: 4,320.00 Repair & Maintenance 1,300.00 Turnover Costs/ Cleaning 3,000.00 Taxes 2,568.00 Insurance 1,750.00 Total Operating Expenses 12,938.00 Net Operating Income 36,677.00 Debt Service 22,884.00 Cash Flow 13,793.00 Cash Flow/ Month 1,149.42/mo Cap Rate 9.178% 4 2-bedroom units rent for $550 4 1-bedroom units rent for $450 Can anyone help me figure out if this is a worthwhile deal?

I'm an electrician and see different houses every day just about so I'm used to seeing a variety of different things.I guess the total finished square footage of the home is close to 1400.It has a main level and then a finished basement.The main level has: Wide living room, 2 bedrooms, and a half bath.The basement has: Full bath, bed room, kitchen, and then a room that could be a dining room.

They need to be open to double closings and assignments.

I specialize in residential single family homes between $160,000 to $260,000, with minimum 3 bedrooms and 2 baths.

I currently own one rental home (4 bedroom 2 1/2 bath) that I rent out to Air force guys.