I think you will find endless resources and a community full of people that can provide invaluable information for you endeavors.Good luck!

In the fall, you will see a fall in values, I hope it stays at a 10% maximum drop, but by next spring, I believe the Washington powers that be will create more hardships on the people and the economy that the prices will not bounce back up.

Even a property that only breaks even, if it is in a good area will usually go up in value yearly, rents will gradually increase due to inflation, and eventually your mortgage will get paid off and your income will climb rapidly.I bought a house 6 or 7 years ago I lost about $50 a month on.

Now two purchases 1 SFH and a Duplex later I've found his information invaluable and look forward to the day when I make us both millions of dollars :D Maybe he will log in and give his experience when he talks with the investor side of stuff.

@Doug HadleyI am not endorsing Harbor Freight Tools, but the reality is, they are alot of bang for the buck.

I especially like the ashburn/brambleton areas because with the metro getting out there in 5ish years, the new town centers going up, and the thousands of data center jobs and large employers moving out that way, I think that area will be poised for an upswing in value within the next 10 years... and I know, I know we should never make investments based on appreciation lol!

I actually plan on getting the license as a tool to help me buy investment properties and some flips.

Hoping" a property will go up in value is not a strategy.Thanks

The community here is an invaluable resource for learning about how other people run their businesses.What do you hope to get from joining the community?

I am interested in SF properties right now..My question, I have ran a few today and I get this low cap rate of about 5.2% but click on the 50% and it has $121.00 cash flow on it..price 50,000tax 2191closing 200020% downrepairs 1500 (flooring/paint) I will do4.520 yrsrent 750 = 9,000vacant 10repairs 10pm 10capex 10insurance $60 monthThe deal analysis tool says..expenses 795.64monthly cash flow -45.64pro forma cap -4.6NOI 2489.00cash need 13,500cash on cash NOI -4.06purchase cap rate 4.9850% rule$121.94Is this correct how i did this?