Posts Tagged ‘good’

The leasing property I am looking at is in a nice area, but there are at least three other properties in the same area for sale. Is this a excellent thought or look in an area with less income?

I am interested in investing in some leasing property and I want to know what a excellent method is to determine how much I should pay for a leasing property based on rent recieved.

For occasion one duplex I have looked at has collected an mean of 11,500 a year over the last 5 years. But, it is for sale for 275,000. That seems like a high asking price based on the amount of money it is generating.

(I know the amount of money a leasing property is generating is not the only factor, but I reckon it should be an simple way to narrow down my options.)

Thanks!!

What is the minimum down payment leasing property? Also if I will hold leasing property such as an aprtment building and live in one of the units and rent out others will that be considered leasing property. What is the best way to go about financing this with arround 15-20% downpayment?

I am involved in a 3-way investment on a leasing property and we are being forced to sell because of a DOT project. Our profit on this property will be approximately $75,000 and we need to figure out how to split this up. Being accurate family members, we weren’t too concerned about figuring this out we bought the property.

I would really be grateful for any suggestions from real estate investors experienced with partnership investments like this.

Here are the figures for the capital and work/mangement invested by each party.

Investor #1:
Invested $150, 000 by taking out a regular home loan.
Lived at the property and payed “rent”.
Did 85% of the maintenance, improvements and leasing property management.

Investor #2:
Invested $75,000 from a home equity line of credit.
Did 0% of the maintenance, improvements and leasing property management.

Investor #3:
Invested $25,000 from a home equity line of credit.
Did 15% of the maintenance, improvements and leasing property management.

Thank you!