It cannot take into account the individuals’ tax situation especially that which can influence the desirability of the investment.• The formula does not factor in the effects of appreciation and depreciation.• It does not factor in the risks associated with the underlying property.• It is a simple interest calculation that ignores the effect of compounding interest.

personal preference, When you introduce the word "personal" into investing, you are drifting into an area of influence that does not belong...which leads to the next statement,... and investment goals.  

It's great figuring this stuff out not only for the current benefits but also for it's influence on your future commercial investing.

Right now my roster reads something like thisHow to Win Friends and Influence People by Dale Carnegie (I very highly recommend it; its spectacular)The Miracle Morning by Hal Elrod (heard about it on the BP podcast)The Classical Liberal Arts of Trivium, an anthology compiled by John MartineauRich Dad, Poor Dad (again) by Robert KiyosakiThe Book on Investing with No (and Low) Money Down by Brandon Turner.This is a little bit more than I usually tackle at once; I like to keep my reading more focused, but all of these books are very interesting and most are pretty easy to read. 

I should run more numbers to get a better feel for it but I often wonder if my expenses are correct and then that can influence a cap rate.Thanks everyone else!

I didn't realize we were having to sling mud to try and influence other investors.

I don't have a established credit so my question is what are some good ways you all use to boost your scores?

Bottom line, you really lose a lot of control investing in condos...mainly because the HOA has so much influence on whether or not your property is a successful investment.  

At this thankful time of year, it is important to remember the influence bigger pockets has had in our business development.

How much influence do agents have in the home selection process?