Is that true?

You can look at what similar buildings went for via the price per square, but it's true valuation stems from the NOI (Net operating income).If the gross rents are $3k monthly and the lease is a NNN, then your only expenses are accounting, legal, administartive, entity formation, and PM if you choose to use one.Assuming the total operating expenses come to 20%, your NOI= $28,800If the going cap rate in that area is 10%, then the value is $288,000If the going cap rate is 12%, then the value is $240,000.$3 per square NNN for industrial is pretty cheap, although I am not familiar with your area rates.

That would be a tragedy.If any of this bear talk comes true, we can only suggest to get out now and move your funds into a more profitable vehicle, I suggest real estate!

Good Evening Everyone, I have read alot back and forth on here about the legality etc of using a Subj To deal and how the banks will enforce the "Due On" clause if you try to do these deals.I have a question, I heard something tonight and just was trying to figure out if it was true or not.

The agent will help you understand the true market values.

I knew there was some "too good to be true" aspect of this.

I respect that and realze that most true happiness comes from family.In the past people have always been held to their cast by education your father was a boatright you are a boatright,However today with the freedom of available information & any one persons ability to educate themselves at thier own leasure.

This is they key to the actual true cash flow Mike is pointing out, and a 6 cap, will most likely not get you there.

Also, you want to spread your revolving debt equally based on percentages among your available cards..

Also it is pretty underutilized as I rarely find or talk to anyone who looks at it.I have used only post cards with modest success because this market is a bit like the foreclosure market; head in the sand, everything will be fine type of homeowners.