I like cash flow and don't factor in appreciation as it's minimal in my market, plus I buy-and-hold so appreciation is not a factor for me (and I'm less likely to be reassessed if it's low, which is cool). 

The very most-important factor you have to consider before investing in real estate, the stock market, entering into a partnership, or starting a business is you need to be able to understand and calculate the risks because every type of investment has inherent risks and it is the risks that cause you to lose some or all of your money.Not many people who invest in real estate lose money, but some do.

Being a first time investor, I don't have a track record so hard money is pretty expensive, which also gets factored into purchase costs and makes finding a deal in this market all that much more difficult. 

I would keep them but I have to totally rehab the garden unit they are in, jack hammering concrete and fixing exposed plumbing as well as gut a badly done bathroom. 

She was pretty confident that most appraisers will only use flood plain comps--that is, factor the flood plain at all--if half the town, and most available comps, are also flood plain (makes no-duh sense w comp-method of appraisal, now that I think of it).

Housing prices depend on a number of factors, including inventory, but also the ability of folks to pay...on purchasing power and incomes to service housing loans and rents.

Several factors, such as 26% of the US money supply was creates in the past year (WallStJournal 21Feb2021 https://www.wsj.com/articles/t... ) and supply shortages of everything....

- Are you factoring equity capture, or forced appreciation potential?

@Dennis Perry - you need to factor in lender fees and closing costs. 

I look at Total ROI - factoring in average market appreciation on my cash investment as another way to explain the benefits of investing in real estate.