Sell both properties (SFHs) and buy a larger investment with a better return?

I personally would not do a deal like that, as my return is reduced dramatically and my cushion is absent.The income vs. value approach you mentioned is not only valid, but the exact reason for the dramatic bubble burst here in CA.

I am not saying we should settle for second best but are we at the point of no return?

.$1200 rent$600 expenses (50% rule of thumb)$600 NOI$499 P&I payment ($70K, 7%, 30 years)$101 cash flow.If you put in a down payment, your cash flow would be even better, though that's really just a return on your cash.Paying $130K for $1300 in rent would not be a good deal.

You get a return on your money but there is a risk that you lose your money.

Many will then return to get a changed contract signed without all the strike throughs and add ons.We take a little different approach.Our buyer pre-prints the paperwork before going to the seller's house.

There are 2 properties each pricedat $45K, there is a 2fam and a 3famLet me know what you think:[/u]Purchase Price: 45,000Appraised value - $80KLot Size:3,630Living Area: 2,160Taxes 899/yrInsurance 700/yrTotal 1,599/yrIncome: $1,100 x 12mos = $13,200/yrNet Income = $13,200 - $1,599 = $11,601 Annual return: $11,601/45,000 = 25% return[b]·Purchase Price: 45,000·Appraised value - $80K·Lot Size: 4,160 sq. feet·Living area 2,654 sq. feet·Taxes 1,594/yr Insurance 700/yr Total 2,294/yr Income: $1,367 x 12mos = $16,404/yr·Net Income = $16,404 - $2,294 = $14,110·Annual return: $14,110/45,000 = 30% return

Buyers can be very picky and choose the best of the best deals so we are going to have work harder to find the deals that create the higher return for the buyers.

Hello, I have 2 tenants in a property whose lease is coming up end of December that I can't get a hold of. I've tried emailing them, calling them, and even went to the property to make sure everything was okay and le...

While I agree that it is a little odd that the tenants haven't returned your phone calls, they are paid through the end of December.