., again) is for a fund to buy up 24 multifamily units located in Drexel Hill/Upper Darby, Pennsylvania. 12% preferred, then 60/40 split (60 to investor)Internal rate of return in excess of 15%Minimum cash-on-cash return of 10%1- to 6-unit multifamily buildings5% loan at 70% LTV, amort over 25yearsTrailing Cap Rate 8.63%These are a few of the assumptions that I am I am having a problem with:1.

In Kentucky, our attorney advised we not go over 10% of the total rent amount in late fees otherwise a judge may look unfavorable on trying to collect that much (they would possibly see it as excessive).

In all seriousness, thanks for that explanation, always good to avoid excess liability.

Some states are tenant friendly and others landlord friendly.The next part of even if your lease is legal and you have that clause in there it might be deemed UNENFORCABLE or considered excessive by the judge that is hearing the case.So any researching is likely not going to give you the absolute assurance you are looking for.

Buying excess inventory from small builders would probably yield the same savings and it's a lot less work.Markets in Seattle aere supposed to be going up.

Hence my name on this site.In order for leverages (mortgage) to be effective in building your portfolio, you must be assured of PRICE APPRECIATION in excess of the underlying interest rate.

This is caused by the combination of moisture and a substrait for growth.

Many voter concerns, including decreasing excessive executive compensation for failing institutions, obtaining an equity position for taxpayers within these same companies and various oversight additions were added for political cover, but are negligible to the primary purpose of stabilizing the economy.

I've kept track of the furnace, and it heats the house just fine (no excessive running).

Lets assume 10% of that 50% is vacancy, so we'll bump the expense ratio to 84% to cover the excess vacancy.Rent $450Expenses $378NOI $72Profit $100left for payment -$28Uh oh.