No, you did it right -- the numerator is net operating income before debt service,, and the denominator is the price.

You need quite a few units to justify a full time employee, so you'll be hiring one of the numerous PMs around here.

My concern was that the numerator and denominator both go up (NOI, Cap rate) during times of high inflation.Vikram

Invest in your education (go to the library and check out numerous books on real estate investing, go to your local REIA meetings and network)3.

We thought we had found a good management company, but on going to visit a couple of weeks ago found numerous problems in the house, all to do with total neglect.

When you change both the numerator and denominator just a bit it really changes the quotient giving you a much more favorable number.

Hi all,I never purchased the multi-family investment and I want to get into this type of an investment.I red numerous post regarding the multi-family, but I was wondering if I can get help on what to watch for in multi-family deals in following categories while searching or during the process of offering, or buying; financial standpoint (difference from SFR), structural standpoint (what to inspect), landlord standpoint, and repair standpoint.Also if there is anything else I should watch out for while looking for or proceed to buy a multi-family property that does not fit above categories, please advise me.Thank you so much for your time.William Dorough

There are numerous clauses specified, and which they signed off on, regarding certain breeches that result in the loss of the deposit. 

I can see myself that there are numerous code violations, but from reading a post regarding intermittent power outages to certain outlets, it looks like I need to have the electric company come check their end.So, 1) would the electric company cause me and problems regarding the code violations,2) how can I use this to my advantage in the sales negotiations, and,3) I can do some of the interior writing, but what kind of bucks will I be looking at to replace the box?

I have purchased numerous short sales and had to bypass the commission on the deal each time or I used one of my agents in the office as the one representing me and they made the commission.