Thanks,  I am happy to be on here.It is a stable, sort of boring market.If you place a great ad, and screen well you can find tenants pretty quick.Since not much changes in the local economy (university / hospital / military town) the prices do not increase quick, so it is touch to get a lift in value on a building without doing big renos or holding for a long time.Michael P Currie

They kept fees static during the recession, and we (I've been on the board of directors for the past 3 years) only began to raise them again two years ago with a 5% increase, and again are considering a 5% increase next year.  

In order to build wealth and make money work hard for me,I am thinking about how to use the equity I build.After I purchase the property,if the refinance LTV ratio is 70%,the value of property should increase about 40% to refinance all the capital invested in the property.And if the property appreciation compound annual 10%,it need take more than 3 years to get 40% increase.If the property does not appreciate a lot,the refinance does not worth it at all.So I need to use the capital I invested in the property more than once,I need to choose the property which has al lot of property appreciation.Anything wrong about my math?

I know I am not making the cash flow I should, but without buying into low income areas I am unsure how to increase my cash flow? 

state=TEXAS) and that there are incramintle increases in how much you can barrow.

A simple google search should show you where that is and who runs it.Other than that, simply being on BP can lead to great knowledge of the business and how it works n your field. 

Even thou I did not make the ROI on the property that was desired, by taking action, my learning and understanding increased and I am more confident with moving forward on the next deal.

The property is going to need some aesthetic repairs in order to increase value.After reading the Bigger Pockets "The Book on Investing in Real Estate With No and Low Money Down" this seemed like a good strategy to get me going.

I am sure the cash flow numbers look good on paper, but realizing those numbers is difficult and it is not as simple as collecting the rent in your mailbox on the 1st of the month.  

As interest rates increase, affordability and house prices go down.