rent: Things Tenants Do # 105 Consistently Inconsistent - 11/01/12 12:35 AM
We have been unwrapping a recent purchase of a 4 plex with a gross cap rate (the annual projected rental income of $31,200 divided by the purchase price of $155K) of 20.12% to see the results of the tenants performance on our return of investment in the short term.
When we look at the actual rents that we inherited due to the leases that were in place when we closed on the building we find that instead of each of them being at $650 a piece for a income of $31200 we have 1 unit empty (keep reading to find out … (1 comments)

rent: The Things Tenants Do ! Real Life Investor Experiences #102 - 10/29/12 12:46 AM
Congratulations ! You have just closed on another investment. Only a small % of the population (roughly 15%) have made the step from being a mere consumer of Real Estate to being an Investor and purchasing a home or property that they do not intend to use for themselves. 
Now that the ink is dry on the closing documents lets take the paper off the package and see what you have purchased. 
A mid 60's 4 plex of 2 bedroom units (commonly referred to as "McKuen" the original architect of this Investors ATM of a building). It's design offers each unit … (2 comments)

rent: Foundational Underpinnings Of The Rental Market Part 1 - 10/04/10 04:38 AM
What is it that sets the price for a product or service ?
The natural response is the immediate answer of"Supply and Demand". Of course this law or principle is the root cause of nearly all economic activity, however it's effect is tempered by many factors such as;  Capacity, Resistance and Perception. 
The amount of Supply and the Demand for basic goods such as food or housing are fairly predictable. Given a certain number of people, a certain number of meals and beds are required. It is the factors that work on these core needs that determine where and how the money will be spent in providing … (1 comments)

BrokerBarry Mathis (Property Management Solutions)

BrokerBarry Mathis

Roseville, CA

More about me…

Property Management Solutions

Address: 548 Gibson Drive, Suite # 200, Roseville, Ca, 95678

Office: (916) 580-6067

Mobile: (916) 813-7653

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