Robert Goodman--The Income Stream - Posted by NB(ID)

Posted by Rolfe Mpls/StP on March 16, 2000 at 01:07:05:

NB;

This post may have nothing to do with the book you referenced, but I wanted to take a shot at getting the angels.

I can make money 4 ways w/REI.

  1. Cash Flow
  2. Tax Savings via Depreciation
  3. Mortgage Principal Reduction via mtg payments.
  4. Appreciation in spite of Greenspan.

Gross Income - Vacancy & bad debt = Effective Gross Inc

Effective Gross - Expenses = Net operating Income.

Net Operating Income - Debt Serv = Cash Flow Before Tax

The CFBT must meet my criterea to go any further.

At your descrection, add Pricipal buy-down, tax savings on other income (through depreciation), and appreciation.

Good Luck; Rolfe

Robert Goodman–The Income Stream - Posted by NB(ID)

Posted by NB(ID) on March 15, 2000 at 21:04:25:

Has anyone used the “The Income Stream” by Robert Goodman for Real Estate Analysis? In the book he uses a 10 unit apartment building for analysis. Has anyone used this analysis for smaller units (like 3) or would it work for SFH?

Thanks for your input.
Angels on your body:)