Z buyer is not a scam but before you sign up , Do your math first because they do not refund your money once you start.

This means it may be hard to simply sit down and figure out simple math on the general taxation without involving IRS rules.

furthermore, you should do your homework on the association first.

Income: 650X24X.83X12=$155,376/yr50% expense rule for a property of this age= $77,688NOI = $77,688Price at 8% cap rate = $971,100If you want a better return you have to do the math with a higher cap rate.

The important thing is to make sure the math works!

Good thoughts, Vince and Jon...Jon - I often like to think about the fact that if you start with 1 penny and double it every day for a month, you end up with...well, I'll let others do the math, as it's quite eye opening what compounding effects can do

That way, it just becomes a math game.

Do the math on that times 12 houses!

Looks like the math will work.

You buy at 100K you put 40K in it and sell it within the deed restriction, thay are to allow a sale of 168K (if my head math is correct) but you get the idea.