In my market my number is 2% or a monthly gross rent multiplier (GRM) of 50.

It needs some serious help but its in the revitalization district of our downtown, so its got some upward potential over the next couple years.I try to sell my lower end rental property at a 50 monthly Gross Rent Multiplier (monthly rent X 50) or better.

Some more info:The Limited Liability Company (LLC) consists of members rather than partners or corporate officers.

Identify a marketing budget and start a consistent marketing plan (direct mail, bandit signs, flyers, eds, etc.) so you can generate leads of motivated sellers.

Stated income should be consistent with income typically derived from the borrower’s occupation.

This strategy will require a marketing budget and you must be consistant in your marketing efforts.

Have you ever made that many offers on a consistent bases with thorough follow up (constantly resubmitting bids every 3 weeks or so) Value any feed back you have.Thanks in advance,William

BofA has never been "investor friendly" IMO, as we consistently have issues with "fair market value" on their BPOs...

It seems like anything smaller than that would be too small to get solid and consistent results.

Learn not only whether a property is a good deal on paper, but whether it will be an attractive place that will consistently draw good tenants.- Formulate a plan.