Note: this was not at the 30 day mark but rather at the 1st of the month mark.My initial offer was for $80k with mortgage contingency for a loan of $105k (to cover rehab costs), a 45 day close, and $500 in Earnest Money.

Additionally, 2008 to 2010 marks a great time to sell capital assets that have been held for at least a year or more, as the capital gains tax rate has been dropped to 0% for certain tax brackets.

My main challenge is the crawl space that reeks unbelievably of cat urine.

Welcome to the site Mark!

., and you found an apartment for $600k with 11,000 sq. ft of rentable space, that warrants further investigation, i.e. cap rate calculation, DSCR, & ROI just to name the major ones.Bottom line when looking at cap rates, here is a standard formula I use initially: Take current gross rents, less current vacancy, arrive at AGI (adjusted gross income.

The owner currently rents out half of the garage for storage only at $75/month. 3 off street prking spaces. 5 new hot water tanks, 4 new htg systems & updated elec.

You just have to call the listing agent and ask if its still available.Eventually, they do get marked as sold, and the sold price appears, along with the concessions.

I have a local map book (Thomas Brothers/Rand McNally have ones for most major metro areas that often print subdivision names on the map) and I mark it up with “good, bad, ok†and other notations.

We want to provide out of state , or in state investors a service that will go to your properties, take pictures, of the properties inside/out , take measurements of each space, including measurements of cabinets, doors, windows ect. we will send all info , and then set up for bids and work to be completed . soooo...if anyone can give me any insight on how to move forward i would be greatful.

Now if you buy the park that is different, you may collect closer to 700 if you rent the space and trailer, but 700 sounds high to me.