The numbers I ran through the different tools I found on here came up with a similar Cap rate as to what you stated which didn't seem to bad for a less than 10 year old property in a nice area.

One friend paid 5, 000 for a RichDad Coaching, what a waste.I have many times wished I had hooked up with someone successful locally, and paid them five or ten grand, or worked for free to learn the ropes, instead of spending it on the boot camps learning a few things I needed mixed in with days of stuff I was not interested in and afterwords being all excited to push projects and having nobody to ask when I ran into problems.

Maybe its the culture of RE, but whatever, I'm loving all the info I'm learning off BP!!

I just wonder what we will lose in the future in terms or art and culture.

One option we were looking into was a 14 unit, asking $850K, but I ran numbers based on a $824K loan.

I ran that criteria on listsource and I got 875 leads so it won't be all that expensive to try out, could be good; banking on the investor not wanting the property anymore and wanting to sell it for pennies on the dollar

From building highly optimized websites, working on strategic SEM (search engine marketing) and SEO (search engine optimization) campaigns, to creating high quality and produced Video content, my skill set is directly conducive to the Real Estate Investor.Sports, Music, Family, Faith, and Culture are staples in my life and have been a key influence into who I have become today.I have started and exited companies in the past and currently run a Digital Marketing boutique while serving as a Director of Digital Education/Communications for a company in the Wealth Management industry.I'm excited to learn about real estate investing and excited to execute on the lessons I learn.Look forward to connecting and being a resource to you :)

They aren't looking for something that large, I ran the numbers and they came back ok so I wanted to share with GR investors on Biggerpockets.

Here's are a couple of example scenarios I ran to see the difference between the two approaches.

Just a thought, I ran into that same problem when I first started out and realized I needed a better rent collection system.