This is relying on a 35% expense ratio, which I believe many would argue is conservative and should be higher.Round Number Case Study:$12,000 Monthly Collected rent$4,200 Monthly Expenses (35% Assumption)$7,800 NOI$7,800/$500,000 = 15.6% cap rate - You were spot on.Your skepticism about the 15%+ cap rate was 100% correct.

I am available to chat and assist if possible or point you in the right direction to accomplish whatever path works best for you!

I would think you'd be better off getting your real estate license and becoming an agent - but that path also has a high failure rate.

Many more established investors begin by purchasing those properties but learn it's not the path to building a sustainable real estate portfolio and exit and never look back.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

I also went on to get my real estate license to better control my own acquisitions and transactions.I operate and invest specifically in Conroe, Spring, The Woodlands, and Huntsville — and those submarkets still work for long-term holds when you underwrite correctly.

My brother is retired Air Force working Civil Service in Livorno and my son just completed his assignment at Catania, Sicily.I followed my brothers investment path there and also research some on my own with realtors, Geometras, and Immobiliaries.      

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.

I'd love to hear any advice/paths to run down to help me with this goal.  

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance: Property Tenant Pool: closely linked to location, but not always.