Originally posted by @Duncan Taylor:As to Rich Dad existing...

Jeffrey if your agent doesn't understand the basic mathematical formulas that come with analyzing properties of this type than frankly you might want to look for another broker/agent that does.A local broker that is experienced if they know that 7 caps are asking price and with negotiation you get them to 8 caps and 10 caps do not exist in your area due to buyer demand then that broker/agent will try to reset your expectations, look in a different area where that can be found, or not work with you.To arrive at the TRUE CAP you have to know how to analyze the numbers.

If the case is good, they'll file -- they know of the existence of one asset, the house, and that's usually good enough.There are all sorts of strategies like sham notes or Nevada LLCs that are supposed to capitalize on this strategy.

The question is are there advantages to constructing new sfr's to rent vs. buying existing ones?

A small example of this was the very first rental I got was already in decent shape, but I really went through and updated it as well as added a permitted bed/bath combo in some existing unused open space (if you can't do the work yourself or don't have a trustworthy contractor, it makes a lot less fiscal sense).

Very hard to ad one of these and make it pay unless it's within the existing foot print (basement or closet or small room).

Right now your priority is enforcing your existing lease as it is written and jumping on this situation with her.It's great you've sent her something certified, but I would be calling and emailing her as well, letting her know of her violation.

While my existing businesses have done well (I have just finished putting two kids through college), it has been hard work and I would like to put my knowledge and experience to work in real estate investing.I'd like to think of BP as my second unique community.

Rate and term applies when there is an existing mortgage and you are not looking to borrow more than the outstanding loan balance; you are simply looking for a new interest rate or new term for the payback period.

I am in process of getting actual financials as well as talking with current tenants, previous owners to existing and property manager.