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All Forum Posts by: Miya Jones El

Miya Jones El has started 1 posts and replied 2 times.

Post: Confused Baby Investor

Miya Jones ElPosted
  • New to Real Estate
  • Posts 2
  • Votes 0

Greetings and thank you for explaining that so well! I will practice this over the next few days. 

Post: Confused Baby Investor

Miya Jones ElPosted
  • New to Real Estate
  • Posts 2
  • Votes 0

Greetings Bigger Pockets tribe. I recently picked up David Greene's BRRRR book, started reading and am a little confused πŸ™πŸΎπŸ˜Š. I was hoping someone could clarify something for me.

In his explanation of how to calculate the ROI it seems pretty simple. I understand the formula itself, (monthly cash flow Γ— 12) / money invested = ROI. How do you determine monthly cash flow if you don't yet have the property?

I'm Miya btw 😊 Pleased to meet you all.