Real estate investing expert James Orr has analyzed step by step some intriguing property deals from different parts of the country.
The properties are located in New Orleans, St. Louis and Minneapolis.
The deals have been analyzed both for possible rentals or as rent-to-own.
See how he crunches the numbers, evaluating each property three ways, from the nothing down deal to 10% down and 20% down.
I think I disagree with his $43 per month maintenance estimation for the Minneapolis property. My guess is those numbers would probably be higher, at least in the beginning.
Here’s what he has to say about it.
“It is important to realize that on any given house our maintenance estimate could be very low and although much less likely, very high.”
In other words, be careful estimating repairs. They could be a deal-killer.
But going through Orr’s figures is fun and you can learn a lot as he has shown how to analyze real estate deals step by step.
More information from the Web
Calculating Depreciation for Residential Real Estate Investments –
Why Do a 1031 Exchange in a Down Real Estate Market?
Adjusted Basis: It Ain’t Just ‘Buy Low & Sell High’ For Real … – …
Popularity: 12% [?]
Related Websites -
For Lease By Owner ForLeaseByOwner.com, LLC Welcome to ForLeaseByOwner.com®, Your On-line Source for Residential Lease Property. ForLeaseByOwner.com® is developing the premier database of residential lease properties throughout the United States. Use our Easy Search program to find properties that meet your criteria. Our extensive database of single-family homes, townhouses, condominiums, high rises, duplexes,...... -
Seeking Real Estate Joint Venture Got a possible deal? Partner with us and make some cash now. Now is the time to invest in real estate. If you consider yourself to be an investor, part or full time, you should be making purchases to buy and hold or flip to other investors or end buyers. The market is literally...... -
Is It Time To Buy Real Estate? Over the past few weeks, several of friends have asked me if its a good time to buy a house now that real estate prices have bottomed. Encouraged by the media, everyone seems to think that home prices have bottomed out and the recovery is about to begin. Even Jim...... -
When Will Real Estate Investors Get Government Stimulus Funds? Many, dare I say most, people believe that real estate investors caused the real estate bubble. At the risk of upsetting the entire mainstream and non-real estate investing crowds, I don't believe this is the case. Why? Because few people seem to be realize is that the real estate...... - Are Stocks A Better Investment Than Real Estate? According to this article in Money Magazine, stocks are a better investment, based on a study taking in account the years 1978 to 2004.While there are some valid points favoring stocks over real estate, I think it was a one sided arguement.Why choose a period where the stock market did......