All Forum Posts by: Daniel Erdman

@Jasen Miller: What are the advantages of doing that?

@Jasen Miller Thanks for the feedback. 

Are most people making profit on the properties in Killeen paying cash or leveraging? When I run several opportunities through my calculators, I get paltry profits. Perhaps I am doing something wrong?

I was recently in Killeen and there were some decent SF units in a nice neighborhood. Do these typically cash flow well?

Also, what does the Temple, Tx market look like?

Anybody?

Thanks for the feedback. 

What constitutes a good amount of profit per month? What are people actually achieving?

What are other investors out there getting as far as net profit per month on rentals that they own?

Hey All,

My wife and I are looking to develop a portfolio of rentals in the northern portion of California's Central Valley (Sacramento and surrounding areas). I have been practicing analyzing cash flow on some of these properties and I need some feedback from those with experience.

I have included a breakdown on a property that I have located on Realtor.com, a quad in Modesto:

*The Gross is calculated using a rent of $825 per unit. Four units (quad) = $3300 per month or $39600 per year. I then deducted $5600 from the gross to account for utilities not paid by the tenants and other misc. expenses. This is what I am calling Operating Expenses.

I am not sure how to appropriately account for Operating Expenses and vacancy.

Other than the above, is there anything else I missed? And, would this be a profitable property? Is this realistic?

I am not buying this place, I am simply interested in seeing if my analysis needs tweaking.

Thanks!

Can any other seasoned investors provide any advice regarding these numbers?

Once, again I am trying to establish if my analysis methods are valid or if I am way off.

Thanks guys.

Can some one explain to me or give me a break down of how someone would actually do this? Once again, I am not trying to do this, I want to understand!

I am noticing a pattern here...

Nobody is investing in California properties!

How does one go about buying multiple properties? Not that I am trying do this, but just for my sake of understanding.