Posted by cmcgroup on April 21, 2008
Can you achieve positive cash flow in the first year? Yes, if you put enough down when purchasing the rental property, such as 20%. The lenders like that as well and make it easier for you to qualify as a non-owner occupied investor. But, if you can still get 90% financing (10% down), you can achieve breakeven cashflow in one or two years and that is pretty darned good. These are rental areas with reliable sources of renters (supply and demand is basically balanced, but in favor of demand, so there are more renters looking for housing than available single family houses) and non spectacular market appreciation (3-5% per year just on or slightly ahead of inflation). Both of these conditions are actually good for the long term investor. We’re so over the attempted FAST FLIPPING of real estate properties, aren’t we?
I’ll be out of town on May 6, but will have a group of blog readers attending this workshop. Want to join in?
Contact me at 408 802-0658.
Best regards,
Chosen
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Current Strategies in Real Estate
Free Lecture by Adiel Gorel – NEW FORMAT TO ADIEL’S LECTURES
SAN RAFAEL LECTURE
Wednesday, April 30 2008
7:00PM – 9:00PM
Embassy Suites Hotel
101 McInnis Pkwy, San Rafael, CA 94903
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SAN JOSE LECTURE
Tuesday, May 6 2008
7:00PM – 9:00PM
Crowne Plaza
282 Almaden Blvd, San Jose, CA 95113
|
Adiel will cover the following topics:
PART I: The regular, basic lecture (45 minutes):
* What makes some mortgages in the United States so special
* Investing well even when you are extremely busy
* Setting up your kids’ college education with real estate investments
* Setting up your retirement with real estate investments
* Financing and cash flow issues for the coming years
* The type of properties we should buy
* Property management made safe
* Safety issues and considerations
* Appropriate use of IRA funds for real estate investing
* Tax considerations, 1031 exchanges, etc
PART II: ADVANCED SUBJECTS – NEW EVERY TIME (1:00 Hr):
* Using the current economic situation to your advantage
* Is New Orleans viable for you?
* How raw land figures in your portfolio
* Buying REOs the right way – the Denver example
* Builder’s discounts Vs. Foreclosures
* GO-ZONE products and strategies for the last full year – 2008
* Current growth markets, current down markets – how to profit from both
* Demographic trends projected for the next decade
* Exit strategies in real estate investing
PART III: EXTENSIVE Q&A (30 Minutes)
Limited Seating
=================
Admission complimentary:
Pre-register NOW to reserve your seat: Register Online
Register by phone: 800.324.3983 |
This entry was posted on April 21, 2008 at 6:26 pm and is filed under Homes, Property Management, Residential mortgage, epiphanies.
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Denton Ward said
There are many parts of the nation where you can still cash flow with only 10% down. Take a look at http://www.erealtyinvestors.com for some of those properties. 20% down makes sense sometimes, but finding better areas to invest eliminates having to put down more capital, therefore maximizing returns (although getting less cash flow). I guess it depends on what the consumer wants, cash flow or return, or tax benefits???
cmcgroup said
Thanks for the tip.
Congestive said
Somehow i missed the point. Probably lost in translation
Anyway … nice blog to visit.
cheers, Congestive.