[surveyor]

rents!

We discussed the issue awhile ago in these topics:

http://piggington.com/will_rents_create_a_price_floor_despite_the_mini_rental_bubble

http://piggington.com/where_rents_are_headed

http://piggington.com/what_do_you_folks_think_about_this_sub_100k_condo_in_mm

[surveyor]

rents!

We discussed the issue awhile ago in these topics:

http://piggington.com/will_rents_create_a_price_floor_despite_the_mini_rental_bubble

http://piggington.com/where_rents_are_headed

http://piggington.com/what_do_you_folks_think_about_this_sub_100k_condo_in_mm

[surveyor]

rents!

We discussed the issue awhile ago in these topics:

http://piggington.com/will_rents_create_a_price_floor_despite_the_mini_rental_bubble

http://piggington.com/where_rents_are_headed

http://piggington.com/what_do_you_folks_think_about_this_sub_100k_condo_in_mm

[surveyor]

rents!

We discussed the issue awhile ago in these topics:

http://piggington.com/will_rents_create_a_price_floor_despite_the_mini_rental_bubble

http://piggington.com/where_rents_are_headed

http://piggington.com/what_do_you_folks_think_about_this_sub_100k_condo_in_mm

[surveyor]

mm

Mira Mesa rents tend to be set at around $1.3 to $1.5 per square foot. Taking a look at zilpy.com, both properties might be rentable at around $1080 or less.

Using these numbers, it seems like the property breaks even on a cash flow basis. The return becomes positive when you consider the tax benefit.

[surveyor]

mm

Mira Mesa rents tend to be set at around $1.3 to $1.5 per square foot. Taking a look at zilpy.com, both properties might be rentable at around $1080 or less.

Using these numbers, it seems like the property breaks even on a cash flow basis. The return becomes positive when you consider the tax benefit.

[surveyor]

mm

Mira Mesa rents tend to be set at around $1.3 to $1.5 per square foot. Taking a look at zilpy.com, both properties might be rentable at around $1080 or less.

Using these numbers, it seems like the property breaks even on a cash flow basis. The return becomes positive when you consider the tax benefit.

[surveyor]

mm

Mira Mesa rents tend to be set at around $1.3 to $1.5 per square foot. Taking a look at zilpy.com, both properties might be rentable at around $1080 or less.

Using these numbers, it seems like the property breaks even on a cash flow basis. The return becomes positive when you consider the tax benefit.

[surveyor]

mm

Mira Mesa rents tend to be set at around $1.3 to $1.5 per square foot. Taking a look at zilpy.com, both properties might be rentable at around $1080 or less.

Using these numbers, it seems like the property breaks even on a cash flow basis. The return becomes positive when you consider the tax benefit.

[surveyor]

unfortunately, yes…

Appreciation is the most powerful aspect of real estate investing and properly used, it substantially accelerates your returns.

Not using the appreciation aspect of real estate investing is akin to driving a Corvette at 20 miles per hour.

What gets people into trouble is expecting too much appreciation. You should calculate in a 4% appreciation and then anything more than that is gravy…

[surveyor]

unfortunately, yes…

Appreciation is the most powerful aspect of real estate investing and properly used, it substantially accelerates your returns.

Not using the appreciation aspect of real estate investing is akin to driving a Corvette at 20 miles per hour.

What gets people into trouble is expecting too much appreciation. You should calculate in a 4% appreciation and then anything more than that is gravy…

[surveyor]

unfortunately, yes…

Appreciation is the most powerful aspect of real estate investing and properly used, it substantially accelerates your returns.

Not using the appreciation aspect of real estate investing is akin to driving a Corvette at 20 miles per hour.

What gets people into trouble is expecting too much appreciation. You should calculate in a 4% appreciation and then anything more than that is gravy…

[surveyor]

unfortunately, yes…

Appreciation is the most powerful aspect of real estate investing and properly used, it substantially accelerates your returns.

Not using the appreciation aspect of real estate investing is akin to driving a Corvette at 20 miles per hour.

What gets people into trouble is expecting too much appreciation. You should calculate in a 4% appreciation and then anything more than that is gravy…

[surveyor]

unfortunately, yes…

Appreciation is the most powerful aspect of real estate investing and properly used, it substantially accelerates your returns.

Not using the appreciation aspect of real estate investing is akin to driving a Corvette at 20 miles per hour.

What gets people into trouble is expecting too much appreciation. You should calculate in a 4% appreciation and then anything more than that is gravy…

[surveyor]

oh btw

I estimated the repair cost:
bathroom: $3,000
Washer/dryer: $1,000
Frig: $500
Dishwasher: $400
Range: %500
Countertop and Cabinets under: $10,000.
Flooring: $4,000
So it is close to $20,000.

All those items above can be depreciated as well (chattel depreciation). The IRS has guidelines on how you can depreciate it, but it could give you around $6000 in taxes back…

[Author]

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