All Forum Posts by: Stan Plebanek

In Omaha, they usually pay a flat $100 or 10% of first month's rent.

Try and find an agent that is gung ho to show any rentals at those rates.

I can speak to the values in Omaha. We have a fairly diverse investment community. We have a strong Section 8 demand in a somewhat depressed section of the city. Values verses rents can produce upwards of 20% on a cash return and that includes having a management company in place. Without credit being used, the total costs can be as low as the $20K's. If you have some private financing, you can really kill it.

Other parts of the town are more traditional, values have dropped to a point that making greater than 10% are likely not including the appreciation over time.

The thing that makes Omaha so appealling is that the economic downturn has hit us as lightly as anywhere in the country.

I am always looking to help others enter our market. I am available for either consultation or partnering.

If it interests you, get in touch with me.