That's a whole nother story.Hey Mitch -I'd love to hear what your typical numbers are for these types of deals -- how much do you purchase for, how much rehab, where do you price the property and at what percentage do you sell the note?

Since the price of inspections are pretty much tied to the size of houses, inspections for expensive houses represent a smaller percentage than for cheaper houses.

You will get a response, just try to maximize the percentage rate. :)

The rates are really reasonable and far, far less than you will pay as a percentage to a recovery specialist.

Hoas and condos can generally have only a certain percentage of rentals, because beyond that number. people don't want to buy and live in it. think PROJECTS.Fourth-the price to purchase condos is usually fairly cheap, and even the dues advertised is probably fairly cheap--the first year.

If you consider compounding effects, it's actually closer to 6% annualized return, and this still doesn't take into account the discount rate (remember, cash in-hand today is worth more than the same amount of cash in the future).Assuming a discount rate of about 3% (what you could get in a 3-year CD at essentially no risk), the actual discounted return is about 3.2%, or less than half of the 6.6% it appears to be using simple annual percentage rate calculations.So, if the OP thinks he can get more than 3% return on the $300K, he should take the $300K now...

You've beaten that out comfortably.This is what I wanted to know, what percentage of cash return was considered good.However, it looks like the return will not be as good as originally posted.

I recently heard that Orlando has the highest # or percentage (can't remember which) of homeowners underwater on their mortgages in Florida.

As mentioned in the article only .3 (a third of 1%) of the working population make over $1,000,000 a year from their jobs.. but it seems that a much higher percentage of full time real estate investors would probably make over $1,000,000 a year if you combine cash flow, appreciation,etc.

Many Graduate students and professional students have already gotten the "party" out of them and have found a "direction" to take their life.Some early year students might be responsible but to be safe you play the percentages and build in risk.I would require heavy deposits.The 1st level landlord back will usually say anything to get rid of a bad tenant so you have to go further back.