Posted by phil fernandez on January 19, 2001 at 17:25:28:
Hi Mark,
Some great books pertaining to real estate investing that I recommend would be Robert Allen’s “Nothing Down”. He has a newer version titled “Nothing Down In The 90’s”.
Great books and ideas that still work today.
Also the " Mr. Landlord" newsletter
published by Jeffrey Taylor. He also has a website mrlandlord.com that you might want to look at.
Re: Analyzing Properties - Posted by phil fernandez
Posted by phil fernandez on January 19, 2001 at 12:02:13:
Mark,
No need for a book or program to analysis properties to purchase. It’s not all that complicated.It’s really just simple math.
Rents
Vacancy Factor ( expressed as a % )
Operating Expenses ( taxes,ins., maitenance etc )
NET OPERATING INCOME
mortgage payments
CASH FLOW
To the cashflow you could apply a cap rate that you are looking for, say 12%, to see what you would be willing to pay for an income producing property.