Even in an EXCELLENT rental market, it is very difficult to get $100 per unit per month positive cash flow if you are including the real expenses and not using some silly guru formula.

I've read books that say....be a straight shooter with everyone you deal with in REI since it's those relationships that will make your future deals even more successful.

a cash on cash analysis of an investment is an excellent measure - IT DEPENDS ON THE NUMBERS YOU OBTAIN THAT MAKES THE DIFFERENCE.any ratio or equation is only as good as the numbers you input.

Excellent Post!

I have several commercial investors whom I have established relationships with whom have asked me to sniff of a few Apartment Building for purchase w/good cap rates and are willing to spend between $500,000. and $1,000,000.What is a fair % percentage to ask the broker to pay me for producing a ready to go buyer should they indeed purchase?

The reason why I ask about cost to cure is because most conventional lenders cap this at the lesser of either 5% or $5,000.00.I have a wholesale relationship with the bank that financed your originally, and I know for certain that the cost to cure allowance is 2,000 or 5% (whichever is less).

I have excellent credit (788).

If I feel that I can adequately protect myself and my deal then I will move forward.There are plenty of honest people out there who want to build a long term relationship with good wholesalers.

looks like a good school.i decided that getting my real estate sales license and getting my brokers license in a year or two would be in our best interest - so i'm about 1/2 way through my real estate school.so far we've gone over alot of things i already knew, but the teacher we have is excellent - you want to make sure they "teach to the test" - with exact precision.in the school, you don't want to know everything - only what's on the tests in order to get your license!

I just finished reading this book and I thought it was excellent.