I am new to the industry, it may take a while, but eventually my credibility will be noteworthy I figure.

I work in the healthcare industry, and I am the driving force on this--hubby is a stock investor.

There are other good cities too, but in general I go for the markets/cities that have steady population growth, multiple industries, in general growing markets.

Then, I'm looking for a 22% cap rate after taxes, we all know I won't be buying many properties.For your cap rate, you have inside of that a "managers rate of return" or the "Internal rate of return" arriving at that, bringing each dollar received in the future back to its present value, the beginning rate selected is that expected in the market compared to other investments requiring similar risk, costs of management and administrative expenses as well as tax treatments.

At least, for our first two properties I was told we were paying .5% above the usual rate since they were investment properties, but maybe that is not industry standard.For future loans they will look at the payments you have to make yearly (mortgage, taxes, insurance plus any other debt you have) so I still think putting more down now will help in the long run- lower payments mean more cash flow AND lower debt means more borrowing power later on.Kelly

Who here has successfully transferred their account management and project management skills from the Silicon Valley software industry into the New York City real estate industry?

I see this as a great opportunity to meet great people and to learn about the industry, both practices and in local real estate.Thanks again, and hopefully in the coming years I will learn enough to be able to contribute to this community!

So on my day off I drove to the address he gave me and it turned out to be a big warehouse located in the industrial area.

Being a college town with a strong oil/gas industry presence, I expect rents to remain stable and/or even increase over time.

Nate, the best place to start is at your bank.When you get into business loans with brokers, most specialize in types of businesses or industries.