If you want a cap rate of 10%, then the most you can pay is $181, 560.

As wounded as our Republic currently is it would be very difficult for a dictator to take control.

It is under 15% if you toss in travel expenses...So you might figure a rough estimate of NOI like this...40 pads at $200 per month, owner pays all utilities.so 40 x 200 x 12 = 96,00096,000 x .6 = 57,600now take the NOI and divide it by the CAP rate you want to buy the park for... so lets say a 12 CAP57,600 / .12 = $480,00014 CAP...57,600 / .14 = $411,428and so on... finding parks with expenses that can be cut are a real key to adding huge value quickly to a purchase.

Though the swings of my occupation make it difficult to project earnings, I should barely make 6 figures this year (a goal I set for myself in February).My parents have been pushing me to get involved in real estate since March and though I am very interested, I feel like I don't know where to begin (unfortunately there's only so much school can teach).

The 4 units have digital thermostats that are capped to 72F.

I am now offering them for sale, at small profit for myself and to move them in this difficult market..I have listed them at about 40% - 50% below similiar lots in the community ( ranges from $25k - 65k).

And it wasn't even that difficult for them.All of these things have convinced me of several things:1.

Good question :-)I guess my main concern would be that the lending environment right now is making it really difficult to do deals unless you have a lot of available capital.

Both candidates favor a cap and trade system which will result in an increase in gasoline of about $2 per gallon.Obama has said that his plan will "bankrupt" our coal industry!

You at least should hold the property 1 year and a day so that you only owe 15% cap gains when you sell.Our land contract tenant didn' t pay the insurance two years in a row and the lender instituted forced insurance letters both times.