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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (936)	8/26/2012 2:02:49 PM
From: John Vosilla	1 Recommendation Read Replies (1) \| Respond to of 2722

Unleveraged projected annual cash flow after backing operating expenses with a an added cushion from gross rent. GRM has to be under 4 and buy a nice percentage below current market value I guess would be easy parameters going in. It is possible in certain areas, obviously the price range when you get over 60k is a stretch. I do not do ghetto anymore or mobile homes where it is easiest.. I like everyone down here would prefer nice almost new homes but that window only existed in 2009 it seems while the flipping game is as brutal as I've ever seen it with margins compressed so much it makes no sense at least to me.. Well capitalized investor groups bidding up the nicer stuff happy to get a 7-8-9% annual yield in this continued era of financial repression and zero rates..