Terrifi post Brian. Could you expand on how you arrive at your cost per thousand figure?

click through Michael.

Thanks for the post.  When investors are ready to return to the market....  They are ready now, at the right price.  Investors are in the market all the time.  The 20% down to buy an investment property is not what the true investor is looking for.  (Just my 2 cents)

the 20% down to buy an investment property is not what the true investor is looking for.  (Just my 2 cents)

What are they looking for, Dan? 

Brian, I think he said 2 cents, not 10. :)

I think it depends on where you are looking.. in most of the local Beach Cities.. rentals have never made sense using any type of standard model.  We are certainly well over where we should be.. but we never fit the mold.. Our investors often have a different agenda when dealing in these neighborhoods..It's what makes CA rel estate so interesting

Brian:

I agree with Kay.

I have purchased apartment buildings in Texas using common sense formulas--and made money doing so.

I have purchased properties in Southern California because they took my heart away--and made money doing so.

 Go figure.

So, how would you determine that we're close to the bottom, ladies?

Bunk, BUnk, BUNk, BUNK

I don't believe you can apply the principles of technical analysis to home purchases! Nor do I believe you can apply them to small (1 to 4 unit) investment properties in a tough market.

No one likes to crunch numbers more than I do. Many years ago as an expatriate banker I got to learn from the best. For the rest of the story: Bunk, BUnk, BUNk, BUNK

Bill

William J Archambault Jr

The Real Estate Investment Institute

First National Mortgage Sources