Still stick with 70% or adjust accordingly?

When figuring rent comps today, shouldn't we be figuring the adjustments going on right now?

You can not find that out by looking solely at the cap rate.this may mean that you have to adjust your expectations about how much of a return you can get, or that you need to find a different city to invest in or different financing strategy, but at the end of the day, its the return that matters and the cap rate will simply not tell you that.The cap rate is little more than a sales marketing tool.

In California, property taxes are based on inflation-adjusted "base year" value.

I have not used it myself, but have some friends who are Cat Adjusters and they seem to like it.I think it runs about $200 a month or so and is a web based program.

I find doing an Equity Split (like a JV Addendum on the Sandwich LO) where the Seller PARTICIPATES IN THE NEGATIVE CASH FLOW and receives some benefit down the road.Equity Splits are valuable in expensive markets like SF, LA, NY, etc.Language might be:Ask the Seller to write down what they think would work.That way the seller gets exactly what they want, I sign up the deal, and then I clean it up later (checking with my attorney if needed).An Example:"Landlord to receive 20% of the amount of Net Profit.

Those who are on the verge of owning a vacation home but are finding it difficult to part with their capital can take comfort in knowing that there is indeed an option available to owners of vacation properties that will allow them to retain the benefits of ownership, all the while reaping the benefits of a seller.

And, it will take you longer to at least breakeven on the home because you have more invested than the market could bear.A "used" home does have benefits.

One only buys in anticipation of appreciation, and for the lifestyle benefits (stability of tenure, etc), and this is what 70% of the market does.

The scoring modules used by the credit bureaus were not designed to benefit the consumer, they were designed to benefit the banks and credit bureaus.