All Forum Posts by: Erik Raftery

Hi Donna,

Propstream and Mojo are solid tools for targeting homeowners.

Hello fellow BP Pros,

Does anyone utilize the Bigger Pockets rental calculators or any other bigger pockets calculators, to calculate commercial deals? by commercial mean warehouses, retail, office, lab space, storage etc.

Im a practicing real estate agent advisor, residential & commercial here in Greater Boston Massachusetts. The huge demand for medical laboratory commercial space in the Greater Boston region is astounding.

I'm looking for fellow commercial professionals who have utilized any specific calculators/software to analyze commercial deals.

I'm not simply looking at a snapshot of the present rent and dividing it by the purchase price although this is better than nothing, It is not sufficiently sophisticated for me to make smart decisions as to which properties to purchase.

I'm looking for a tool tool that can quickly take all factors into account such as mortgage interest and depreciation allowances to work out the true effect of our returns.

I know it's impossible to expect any piece of software to give me a green or red light with regard to property acquisition.

And realize a deal is good depending largely on the circumstances of the investor. For instance an investor with little cash but a lot of energy may be able to buy a high yielding property that requires a bit of maintenance. Conversely an investor with a lot of cash may be able to suffer much lower return in exchange for being able to buy a worry-free building in a more rapidly appreciating area.

I appreciate your recommendations and help.

Best wishes,

Erik

Hello fellow BP Pros,

Does anyone utilize the Bigger Pockets rental calculators or any other bigger pockets calculators, to calculate commercial deals? by commercial I mean warehouses, retail, office, lab space, storage etc.

Im a practicing real estate agent advisor, residential & commercial here in Greater Boston Massachusetts. The huge demand for medical laboratory commercial space in the Greater Boston region is astounding.

I'm looking for fellow commercial professionals who have utilized any specific calculators/software to analyze commercial deals.

I'm not simply looking at a snapshot of the present rent and dividing it by the purchase price although this is better than nothing, It is not sufficiently sophisticated for me to make smart decisions as to which properties to purchase.

I'm looking for a tool tool that can quickly take all factors into account such as mortgage interest and depreciation allowances to work out the true effect of our returns.

I know it's impossible to expect any piece of software to give me a green or red light with regard to property acquisition.

And realize a deal is good depending largely on the circumstances of the investor. For instance an investor with little cash but a lot of energy may be able to buy a high yielding property that requires a bit of maintenance.

Conversely an investor with a lot of cash may be able to suffer much lower return in exchange for being able to buy a worry-free building in a more rapidly appreciating area.

I appreciate your recommendations and help.

Best wishes,

Erik

I think being full-time is the only way as a real estate agent professional. 

As a full-time agent in the Greater Boston market, I remember being part-time at the beginning, it was not sustainable in the long term.

Hi Steve, Is this accountability group still in effect? 

If so, Id is interesting to join and contribute. Thanks

Thoroughly enjoyed reading your post! Thank you

I think being full-time is the only way as a real estate agent professional. 

As a full-time agent in the Greater Boston market, I remember being part-time at the beginning, it was not sustainable in the long term.

Circle Prospecting, Geo Farming, Cold Calling are more or less the same. 

Mojo, Vulcan 7 are 2 solid contenders.

I have used Cole Realty a few years ago, the contact rate in my market place was very low I can recall.

@Steve Babiak great list!