Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.

The information contained in this post is not to be relied upon.

And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors. 

With the future being so uncertain I realized there was a need to do more than just rely on my job for financial security. 

However, I do rely on my trusted network of local professionals for different parts of the process.

Although we do have our own money in every project we do, we rely heavily on our network of Private Lender's.

Nothing points to this better than claiming the property cash flows $1,000/m relying on rent collection and debt service/taxes/insurance while responding to my question about other operating expenses/reserves with:  "repairs will come and we will fix, but that's why we do our due diligence before we buy so we aren't walking into major repairs".  

An investor always needs to protect themselves and NOT rely on what others tell them.I don’t think we’re talking about the same thing.

Management & Automation: For those managing remotely, what tools, software, or systems do you rely on?

While many investors rely on the MLS or wholesalers, these sources can become unreliable as the competition intensifies.