The strategy for this property would be to take an FHA loan for the home at 3.5% down, with an assumed interest rate of 5.04% (average FHA interest rate for Feb - still need to speak to a local lender). 

If rent control takes the steam out of the kettle, so to speak, and reduces the antagonism towards landlords, it's probably a good thing.

Seems not worth the fight after speaking to zoning.

I think it is important when listening to podcasts hosts and guests to look for the speaker to speak in-depth about the acquisition process and other such particulars.

@Scott Scharl I'm speaking in terms of managing communications, distributions, etc to our LP'sI've been looking at software like syndicationpro.com but it's too expensive right now.Features that software like that offers, but at a bit lower cost would be perfect.

I welcome my tenants with a Walmart bag full of goodies on the counter to greet them usually consisting of ; a pack of Newport’s ,a bottle of mad dog ,some mouse traps ,flea and roach spray also a book entitled “how to pay your rent on time “

Originally posted by Account Closed:Can you guys teach me these rules50% rule70% rule1% ruleand more rules.  1st thing to note is that they aren't really "rules" so to speak.

It's value is a calculation of:Net Operating Income (NOI) / CapRateFor example, if the NOI is $10k/year and the CapRate is 10%, the property is worth $100k.You need to speak with other local investors / brokers to determine what the right Cap Rat is.

I let them speak for a couple of minutes.

I recently was speaking to a another investor who said he has had great success using ringless voicemail.