Hello Everyone, there's this thing with cap rates (well checking for a properties true value) that I just can't seem to wrap my brain around and wanted to hear what some of you other investors thought about it.OK. everyone knows that the properties value is based off its income (NOI) which I got that, and everyone knows you arrive at the cap rate by dividing NOI by the Asking Price which you get the cap rate at which the seller is selling his/her property at.so my question is, isn't it a flawed pratice to analyze all deals off a 10% return/cap calculation?

Is to get a ride a long with an insurance adjuster and bring your sponge brain for maximum absorbing.

Welcome to the board looking forward to picking your brain about virtual wholesaling.

I'm looking to pick the brain of an experienced investor.

Im new and I know I have a lot to learn, but am just curious about picking peoples brains in this area.

I really enjoy turning off my brain from time to time and pulling on some slots. lol

Like get serious, it's so rediculously simple anyone with half a brain could do this.

Pick his brain though, don't just talk small-talk when you have his attention.I like this forum as well...

Thanx for the Invite,Likewise, I'm looking forward to exchanging ideas and picking your brain as well.

Make a whole lot of friends around the world and of course do transaction with all of you too.Wesley, if you need to pick at my brain i'm here....