I'd love to start networking with other Oakland based investors/RE agents.Any reasons not to buy a multi-family in Oakland these days with all of the rent control issues?

(Or an appropriate amount based on what's there)By the time lawyers get involved on either/both sides, it'll probably cost more than that.

Over the course of 5 years we pay down $125,000 of the loan balance on that one loan.If done right, the Multifamily business model has amazing potential and is not primarily based on Comps.  

Based on past caselaw, there are at least different three methods for calculating these damages. 

A few questions:How much per sq ft currently for a base level apartment say 750 - 1000 sq ft? 

For instance if you make more than 110,000 AGI or adjusted gross income you can no longer write off your mortgage insurance as a deduction based on current IRS guidelines.

The LLC (being taxed as a partnership), will report the property's gain on its LLC tax return and will issue Schedule K-1's to each partner/member reflecting each partner/member's allocable share of the property's gain.The LLC (again taxed as a partnership), will not actually pay any tax, the LLC partners/members will actually pay the tax on the property gain at their reporting level based upon what was reported to them on their respective K-1's.

I am an investor based in Brooklyn New York and I own 12 SFH's in the Midwest.  

My best estimate of valuation is about $80,000 based on comps in the area.

Take the classes needed to get a RE license, pass the test, hang your hat under a RE broker, build up a client base, and start buying and selling RE for them to get hands on experience.