Hello everyone,I am new to real estate investing I love reading all of your advice and details on the deals you're working on , I stay in Milwaukee and we have a lot of foreclosed, boarded up homes if anyone is willing to connect I am be boots on the ground here for you.I know Milwaukee isn't the most desirable city but to a creative person I feel like with the things we have building up in the city this could be a potential gold mine.

Not looking for a job or immediate partnership, just an interview where I can say "Hey", and Wow your argyle, gold toe socks off.  

When you make offers for seller carry back, what can you offer to pay them monthly?

Obviously, different markets produce different cap rates...and different investors are willing to accept different rates of return, making any given property worth more or less to different investors.You do not include debt service when calculating cap rate, because the purpose to the cap rate is to compare different properties, or different asset classes (i.e. should I buy a rental property, stocks, bonds, gold, or whatever?).

It carries far in my mind.So putting the plan to action is the next step.

Half the carrying costs.And if they don't like that, I'd tell em to take a flying leap.

If you are putting 20% down with the owner carrying the balance why offer the same rate a bank will charge? 

An investor needs to know their numbers ( offer price , cost of purchase, improvement cost, carrying cost and cost of sale) in order to follow through and close on the deal.

Mallory Larson The REAPS format runs like this: Doors open at about six thirty for a light supper/ single plate carry it with you meal/ while we mingle with each other and six or so vendors of software (you can find better right here) and several RE agents and money lenders who work with investors.

Honor has much to do with the way you act and carry on in your life.