Based on 50% of your rent going for taxes, insurance, maintenance, property management. and vacancy allocation, you would have a net income of :8500/2 =4250 x 12= 51000 annually divided by 350000 invested =14.57% this however is only the beginning of your evaluation. you now must consider the market that each of these properties is in and look at vacancy rates, crime rates, current rental rates, quality of the leases in place, and deffered maintenance.

I'm a stock investor at heart so I'm accustomed to evaluating investments from a yield on cost perspective.

.- In a hurry and not taking the proper approach/time to evaluate situation or individual- Underestimating cost of rehab- Trying to make everything perfect, eventually it wears you and your wallet out

Here's the criteria I'd use to evaluate -1) Is the house in a configuration that I like.2) If it isn't, can I move a wall or two and be happy with it?

When the lender evaluates the second loan (possibly a few months later), they would consider the rental income and it would be easier to qualify for the second loan.

If I'm going to be on the hook for paying off the loans either way, I'd rather at least be rid of the property in meantime so I'm not paying holding costs or have to worry about the market continuing to drop while I wait for the title insurance company to evaluate the claim.2.

Get to know your market, but in reference to what questions to ask, a typical evaluation sheet would look like this...1.Why are you trying to sell this property?

Hello,Please evaluate this deal:MLS# 88359Thanks

First official thread on BP besides an intro, I can't wait to look back on this in a few years and laugh at myself. :D

I am researching what will fit best for my needs as an entry into this business. As a single...

I am having trouble evaluating them & want to know what the experienced folks out there think of condos, condo conversions & this type of deal.