I've updated my profile accordingly and also provided my email address in the signature.With the statement you made about being ready to goin 90 days or so, you want realtors and others from this board to beable to start networking with you.I wish you all the best!

To put it bluntly, you contact a buyer and give them the appraisal, address, property information, rent rolls, etc.

Also, you might take a look at allowing your tenants a separate address, they seem to think it makes them look like a bigger company.

Josh,Are there any topics in particular you are looking to address?

I don't think the question was about the investment as much as the analysis process.When I run a projection like this, I like to make it kind of a "what to expect in the first year" scenario.I also include projected tax benefits, equity buildup (amount of principle paid) and somtime include some estimation of appreciation.So, using your numbers (and a couple of my own assumptions), this is what I get:Your Assumptions:Purchase Price $250,000.00Down Payment $50,000.00Loan Term 30 yearsLoan Rate 7.80%Yearly Income $33,495.00Yearly Expenses $11,412.00My assumptions:Property Appreciation3.00%Buyer's Tax Bracket30.00%Depreciation- Land 20.00% Building 65.00% over 27.5 years Personal Property 15.00% over 5 years1st Year Benefits:Cash Flow$33,495.00Income-$11,412.00Expenses=$22,083.00Net Operating Income $1,439.74Monthly Payment*12Months=$17,276.89Debt Service $22,083.00Net Operating Income-$17,276.89Debt Service=$4,806.11Cash FlowTax Shelter$22,083.00Net Operating Income-$5,909.09Building Depreciation-$7,500.00Personal Property Depreciation-$15,538.73Interest Paid$-6,864.82Taxable Income / Loss $-6,864.82Taxable Income / Loss*30.00%Tax Bracket $2,059.45Total Tax Effect (You save this much in the first year on your taxes...)EquityIn the first year's payemts, $1,738.16 of principle will be paid.AppreciationA property worth $250,000.00 whose value increases by 3.00% per yer will increase in value by $7,500.00 in the first year.Total BenefitCash Flow + Shelter + Equity Increase + Appreciation = $16,103.7132.21% return on down paymentIf you don't like to include Appreciation, then you getCash Flow + Shelter + Equity Increase = $8,603.7117.21% return on down payment

A sign in the yard has always been the most effective for me, definitely the most cost effective by about 30:1.

Please send me an e-mail for a Confidentiality Agreement (this ensures I get the correct e-mail address to avoid any delays).

Sorry about the confusion with the web address.

I just done this today and they were very friendly (not ROD but the tax office was) and gave me a print out with owner name, address, assessed value, etc...

the bats for one are HIGHLY ecologically benefitial thier effect on an enviroment is quite amazing.