I was just evaluating my bids for next weeks tax sale in Baltimore.

Well run, your NOI should be about 38.6kAssuming 4.125%/20 yr loan @ 1272 paymentsBack of the napkin numbers suggests a cash flow of 1945/moBUT TO YOUR EVALUATION with real expenses and financing

Currently evaluating SF properties to buy/hold.  

For an income property, you need to evaluate the cash flow and not the comps.Does the property rent for $725 a side right now, or is that "pro forma market rent?"

I hope I have given enough information to get an evaluation of the deal.

I have been looking all over and following things through the initial selling process and through the rehab and then back on the market price - things that I evaluated and know what the reno costs were, at least ballpark.

Hey BP nation, I'm curious on what everyone uses to evaluate out of state markets.  

It's just too competitive of a market.Gotta go back and strategize and re-evaluate things!

It will take some time to find the right person, and build that relationship (establish two way trust), but it's well worth it.Learning the marketing, evaluation and negotiation part of this is a great way to get things going if you don't have capital, but can be challenging if you are not used to that.

Hi,I use two techniques to financially evaluate notes:1.