All Forum Posts by: Julie Belton

Hi Matt - I'm too new to the industry to provide personal recommendations, but i will ask around my network to see if anyone has.  

I submitted an offer today, and I'm still not sure I have this right, but am going forward with this as a learning experience.  The property has 3 units, and will be owner occupied, but I added the owner unit rent as if I was renting out the whole complex to see what the numbers looked like and here is what I got. 

My question is around the Vacancy and Management dollars next to the pie chart.  IF the property is full, and I am managing it myself (gulp), do i then add that into the cashflow?  Meaning that this property would cashflow $685 a month?  

Hmmmm, I see what you mean.  Thank's Chris.  I will plug that in =)

Has anyone use the Calculators to try and analyze an owner occupied income property.  Should I put the owner unit as rental income?  

Thank you @Brent Coombs.

Hello All - New Pro Member here =) and brand new Investor looking for my first flip. 

As @Brandon Turner suggested, I am starting to practice analyzing deals to get used to the process.  Analyze 100 to find 1 right?  Although this is fun, I can already see the value of networking with a wholesaler.  It took me almost 40 mins to do just the one, hopefully it goes faster as I get more familiar with the market.  

I got the ARV by visiting my country assessors website and researching similar parcels. I found one that looks like it was recently flipped around the corner from this one. Other than that, I made up the numbers, so i was hoping someone could take a look. The property is currently listed for $155K, and its almost gutted right now.

I didn't think this exercise was going to actually result in my wanting to take next steps, so I thought I would post this here for some feedback.  Please review -> My First Analyzed Deal and let me know what you think.  

Thanks in Advance =)

I was going to just hover around the forums and lurk in the background, but no time like the present to introduce myself.  I am not brand new to the industry, however, I am just beginning my real estate investment journey.   I've started mapping out my plan, with step one being get my RE license. I just started my 90 hour course last night, and am really excited to learn and put in the hard work that is ahead of me.  

This site is incredible!!!  I found the podcasts on Sunday, and I'm working my way through (on #6) and already, i'm over whelmed with how much I've learned.  Thanks to everyone for sharing their knowledge with the newbies, and I hope to be working with you soon.