If not, there are other brokers that you won't have to even have this split conversation with.

We just launched quite a few improvements to the PM Conversations system and Dashboard.

Together with all of the following items; curtains and rods, window coverings, wall-to-wall carpeting, mirrors, lighting and plumbing fixtures, ceiling and attic fans, satellite dish, antenna, installed heating and air conditioning units with controls, shrubbery and all other property owned by the Seller and attached to the above described real property.3: SALES PRICE:A.

Something that interests me but I haven't read any conversation about are the pluses and minuses of buying houses that are great rentals versus houses that may be a little higher priced but will bring in a good profit in a few years.This seems like a very exciting time in real estate to me, prices are all over, forclosures across the board from the best to the worst neighborhoods, and alot of things going on in the banking and credit industries.I just closed on my first deal, a three bdrm 1 1/2 bath in a decent area.

Using the expenses (all expenses, including vacancy and capital items) are 50% of rent rule of thumb, your example will need rent of $2762 (I get $1381 for the payment with those terms) to be break even.

We did a range of projects--rehabs, tear downs, sub divs, and condo conversions. 2.

From an investor's standpoint, condos usually come with HOA's (which can kill cash flow and fees can increase dramatically out of the investor's control.)Not to say that there are not any investors who purchase this type of property, but most experienced pros tend to stay away, baring some unusual circumstances, such as a condo conversion opp, or the incredible sellers market from 2002-2006 in CA, Vegas, AZ, FL, etc.

can you give an example (ie. conversation) how you would answer it?

It is probably something that will need to be tested and recorded multiple times before it gets the conversion rates you might want.

Generally speaking, you want to have enough to cover ALL of your expenses (including financing) for 6 months in a reserve account.Many others make sure to calculate into their monthly expenses, items like vacanies, capital expenses, etc. so that each month, they add to their reserve.