I suspect the state will be coming down more stringently on some of these practices due to the number of owners being victimized by these scam artists.

It is just the measure of what you paid for a NOI at one point in time. 

While it is fun to see the total net worth, I believe the true measure is in how much you have in assets that are working for you. 

A cap rate only measures what the market is paying for NOI (whether profitable or not), nothing more.

Send me a message if you would like the more detailed email.Link to the bill - https://olis.leg.state.or.us/liz/2016R1/Measures/Overview/HB4143The issues in HB 4143 that will affect your rental business and investments are: No rent increases during the first year of tenancy. 90 Day Notice for Rent Increases After the 1st Year Restricting No-Cause Notices After the 1st Ye

The program will figure out your CAP rate, among other standard measurements, based on the data you enter.

*all cash's new rule of thumb for estimating job times-take the amount of time YOU THINK it will take to (your choice-sheetrock an entire house, re-roof, replace a bunch of copper pipe) do a job, THEN DOUBLE THAT NUMBER, so if you think 15 hours, change it to 30, then change it to the next highest measure of time, so CHANGE THE HOURS TO DAYS.

However, if as an example, we take a look at the many people who enjoyed some short term success on the back of the dot.com boom of the late 1990s, we’ll see that there were not too many that held onto their fortunes or whatever it was by which they measured their success.

Joe,As long as you have a scope of repairs, can use a tape measure and can multiply you can get a HomeTech book (google them, no available in stores) and use it to get a bearing on your estimates.

As scary as it sounds, I am right with Mike on this.I would ad that anything is possible if you have the dedication, but if you don't then it would be smart to realize that before taking any drastic measures such as quitting your job.