Just another way to improve your NOI by decreasing your cost... but be ready for the upfront cost to convert it.

Yet another issue is what has section 8 set for rent for the area and have they been decreasing it lately??

That leaves them wide open to suggest credit increases, interest rate decrease, opening a business line, etc.

Our business plan will anticipate the decrease in occupancy as we move towards repositioning the property and bringing the occupancy up to a stabilized level, which is par for the course in a scenario like this.

But it also gets decreased by the amount of depreciation you take or are allowed to take, whichever is larger.

The loan to value decreases on properties 5 through 10 and you'll also need larger cash reserves for each property.Hope that helps some...

As you stair step more portfolio properties you can decrease your reliance on your job as a large source of income.

Prices seem to increase and quality decrease.

In our local 2002-2003 recession, we experienced rent decreases on a few properties of over 10%, one almost 20%.

Some are holding off on buying because they feel they will be caught by increasing inventory and decreasing prices.