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Updated over 7 years ago, 08/23/2017
Trusting the BP Buy and Hold Rental Tool
Hey All.
Ryan here from Boston.
I have a great realtor who is automatically sending me the MLS listings of my desired properties in the area I want and, to my surprise, I am seeing opportunities!
One thing I am worried about is this tool. I believe it works, but I don't trust my abilities or the numbers yet as I am nervous I am doing something wrong or somehow not considering something. I am getting COC's of 15-18% which is freaking me out a bit as I assume that is way too high, but at the same time, I am sitting here checking the numbers and trying to be conservative and still coming out with solid COC #'s.
I feel like it is my first time driving and I just don't trust my side mirrors and rear view mirror at all.