All Forum Posts by: Lala Weiss

@Adam Beachnau @Megan Greathouse It's awesome how one simple question about metrics can spark a conversation which could lead to significantly better decision making! 

@Bill F. I'm on it. 

@John Thedford Thats a great point that I think gets easily lost for newbies. So long as one is making money and trying not to purchase at market value there is value as an investor. I like it, very simple and makes it easier not to get caught up in a million and one different ways to run numbers. 

@Caleb Heimsoth oh my. looks like I've been hiding under a rock!

@Bill F. OK ordering now, great recommendation and strangely (though I scour all RE podcasts) I haven't heard of it yet. A hidden gem no doubt. 

@Megan Greathouse Thank you. This is really clear information. I know what my personal goals are, they are similar to yours, I know the numbers are my weakness and also THE most important part so I'm taking them on head on and this was the first step. I when you put it so simply, I can see how and where I'm getting distracted or overwhelmed by various ways of looking at return. Your time take to respond is much appreciated. Thank you. 

@Chris Tracy I would love to see this video too! 

@Jay Hinrichs Curious, what happened with Morris/Oceanpoint? 

@Megan Greathouse This is exactly the kind of explanation that I was hoping for. A big thank you for the time spent on this. Your right, it does feel like a complicated question. I'm interested in how different investors choose different metrics. Like what is it that draws one person to use a 1% rule and another to use a cash flow per door rule? And what makes you say that other investors might not agree with your metrics specifically? 

HI BP Community. I've been following the forums for some time now and I would love some clarity about how investors are 'running the numbers'. Numbers have never been a strong point for me and I would like to improve this starting now. I understand there are different formula's that work for commercial, big MF and so on, so for example in this case I would like to determine what I would like to use to ascertain value in SF flips and small MF (less than 6 units). As a new comer trying to follow 1% rule, cap rate, CoC, NOI, 50% expense rule and so on and so on, can be mind boggling. So far it looks like everyone has their own way of calculating value and I'm not sure which way/s are best for me to use. I'd love to hear from more experienced investors in similar market class (SF flips and small MF buy and hold) about which calculations they use to give me a better idea of how to make sense of the numbers.

@Dylan Bushaw Wahoo! Utah is a great place to House Hack. There are some solid starter places around Ogden & Kaysville where you can live in the basement and rent out the upper floors or vice versa. I would start saving a little buffer for repairs and a deposit and your on your way!