It appears they calculate the daily interest based on a 365 day/year calculation of the APR, then they round to the nearest penny.

What I am doing is daily trying to learn my market (Salt Lake City) by running numbers on deals that I see daily from MLS hot sheets that my realtor has set up for me.

Hi Nicole, have you thought of using a fixed fee accounting service that uses automation and their own workforce to take the daily tasks off your plate? 

I have a PM who takes care of all the daily ins and outs.

I feel extremely confident that we are getting the house at $20K under market price because there is a ton of fluctuation right now ( I just bought a separate SFH in Arvada 3 months ago and have been watching diligently daily, if not hourly!)

One bit of advice from one BP member to another Make sure you have a really good set of corporate resolution docs, non competes, a really good set of policies and procedures and communicate daily on expectations, goals, and EVERYTHING!

I struggle daily with focusing on Houston or DFW.

@Steve LymanThat's a great question that we encounter daily, with increasing frequency.There's nothing that you "need to do" to qualify to receive IRA or 401K funds.

He's been flipping real estate since the 60's, and as he got older, landlording became a chore he could no longer handle, nor wanted to hire out, so he approached all his tenants and asked if they wanted to buy the house, with prior rent being applied as a down payment.  

I was looking at the MLS daily for a few months.