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hey man, i really think it's the markets you are in re: accuracy of formulas and profitability. i also have a few properties and when the number gets over 5 may be outsourcing to property management they are cheap here like 8%. in terms of the socal/oc market we are looking at a median range for 2bd/2bath condos renting out at $1400-$1800 and SFR 3bd out at $2100-$3000. corresponding prices on properties at this range have dropped...2/2 condo 185k-200 in oc, SFR 3bd at around 300-500k
my most recent transaction was a 85k SFR, 3 bedroom (bank owned) in inland empire - it's now renting at $1500
no discounts on payment terms
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Jimmy James  ATKingdom/AMK Empire Since 1996 - My Movies
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