The coup is a positive for developers at the end of the day due to the fact the military are pro development.

I am not investing yet because right now it is very difficult to find properties that will come even close to cash flow positive.

On the positive side, I've learned a lot that should help me.

Originally posted by "jetmek02":… was actively looking at properties to flip…… There is way too much hype in this business…… So I have been reading books, finding mentors… …I know that investing involves risk…First off, I am glad you took my comments as positive and didn’t “blast me” with your answer… Many people tend to get on the defense… I would like to comment on the above listed items…Flipping properties…In my opinion, flipping is the single most difficult and risky form of investing… Today in fact, I just made another comment about this… For whatever reason, people getting into the business, seem to always want to start with flipping.

My goals for 2007 are:1. to add another 20 rental units (we're closing on 10 at the end of this month)2. in addition, to find and purchase one larger project, ideally a 50 unit apartment complex, mobile home park, or RV Park (generating a minimum positive cash flow of $100/unit/month)

The former registered an average rate of 6.27% in the past week whereas the latter increased by two base points, closing at 6.11%.Contrary to gloomy forecasts for housing and construction industries, recent trends have indicated a more positive outcome.

That said, our position is good.

Ok, perhaps not that complicated but requires you to go that extra mile anyway vs. just purchasing as an individual.I do agree that home equity is usually cheaper money but there are a few reasons I can think of to use a mortgage on the investment property instead: (1) you will continue looking for other investments in which case, access to maximum cash via your HELOC may be important; (2) you *may* end up with positive net income on the property without having the mortgage writeoff - this means a visit from the tax man.

A GRM is a basic appraisal method and can be a valuable tool to sift through the multitudes of potential deals, BUT you should ALWAYS run an actual income and expense statement on a rental property before you make an offer.On a side note, the 1% number is the general break even point to have positive cash flow with typical financing.

It has positive cash flow of 4-500/month so I am very interested.