Because of this I would calculate as $1,500 per month times 12 multiplied by .5 divided by a 10% cap rate or $90,000.This creates a value of $302,000.Please heed Christopher's comments. 

Pick out your favorite and comment on why it is such or add to the list!

Pick out your favorite and comment on why it is such or add to the list!

I reiterate the comment to utilize the podcasts and other information here.

Thanks for all the kind comments. 

One of the comments made by Jonathan Cope recommended "Enjoy the decrease in credit risk offered by government now assuming the payor position."

Your broker /agent should be giving a feedback and comments report once a week.

As it turns out, I was informed Friday that an offer I made the day before on a home in Beverly Hills was accepted and am awaiting that purchase contract so that we can open escrow Monday or Tuesday.I guess I have to get out and start raising capital again for this new project as the take down price alone will be in the $2M range.So bring your comments and your questions BP, would love to get some of your feedback.

@Karen Margave Thank you for your comment.

Thanks for you comment!!