Above 60% I'm generally less concerned and anything below I want to know why and what the plans are to correct.Budgets and P/L - If reserves are low, the budgets and P/L should tell the story of why.  

All units in both buildings are separately metered for both electric and water.The 1953 building I am not too concerned with as it is a bit newer and CB construction.

Hello everyone, I have started marketing in my area, but thought of a concern that I am not currently prepared for...

This is important because if you have to put out more cash for closing costs, this measure is going to change potentially significantly.Annual Cash Flow Before Taxes: $5,597.60Cash Invested (25% Down Payment): $61,475Cash-on-Cash Return: 9.1% (I don't know about you, but I wouldn't be super excited about this result.)To do a real analysis, you should be more concerned with projecting out cash flows and resale value as best you can and running IRR, but I think that the Cap Rate and Cash-on-Cash shown here at least indicate that the price is too high for this property.

If the auction bid amount was $100,000 and the investor then sells to someone else for $125,000, and the borrower wants to redeem, it is $100,000, plus the additional charges, not $125,000 plus additional charges.The additional charges consist of interest at 7.5% per year, the VALUE of all permanent improvements made after the foreclosure auction, and the cost of all casualty insurance premiums. 

I'd be concerned  about the supposed property manager.

Timing is a concern but trying to time the market is extremely difficult.

I have concerns that the market may be peaking and reaching a point where values will begin to decline. 

Hi guys, I found a few 2 bed 1 bath condo in riverside CA for $50k (same community)It is section 8 approved.But it has an HOA of $250/monthI would want to do a a loan for 70% LTV so I can pick up a few of them and still have positive cash flow of about $200 each but I have a few concerns that I was hoping to get some opinions on. 1) HOA is pretty high and I hear that you should not buy investment properties in HOA communities. 2) I hear that it's hard to find financing for a loan size this small.

If you have concerns about your property tax assessment, try contacting them to ask for an informal review first - this is free!