Multi-unit Property AvailableNorth Cental Texas, near major universityFinancial Summary Proforma Year: 2009 Scheduled Gross Income: $185,760 Effective Gross Income: $185,760 Operating Expenses: $108,659.84Net Operating Income: $77100.18Tax Rate: 2.39%Unit Mix Information 1 Bedroom/1 Bath No.

Similarly, you plan your REI business activities, so that you can execute those plans effectively.

Apologies if this should have been posted elsewhere.I have a couple of property analysis tools that i use for rental properties.

And further inspection of the inside (not done most years by the assessor) may reveal that more needs to be spent just to keep it at that 45k.The tax assessors site can be a good tool to also evaluate how far off those area comps are.

Someone wearing a badge appearing at their door might have more of an effect than a letter from the HOA.Are the neighbors tenants?

What I was getting at was that even though there are people writing purchase contracts with assignment clauses, there are no doubt those that have no intention of buying the property and are, in effect, actually writing option contracts to purchase the property.

I am in total agreement with Greg, Rochester is a fantastic buy and hold cash flow market, and with the educational tools here at BP, you should be able to do very well!!!

wouldnt i need a good understanding of most topics inorder to use the strategies effectively?

Firsts are generally not effected by 2nds foreclosing, btw.You have tremendous power at the moment, having a lender with no expectation of getting paid, ever.

In a highly pragmatic way, that is one of the very few redeeming qualities I see in him - he made himself rich through effectively using the system.