All,Based on your experience, would you say, that the real estate tax for a vacant land should be correlated with its usable part? Here's what I mean. One of my properties, specifically 10 acre, zoned single family, i...

It helps handle all the "back of the envelope" calculations a head of time for all listings within 50 miles of your city.

It handles all the "back of the envelope" calculations for all properties 50 miles from the city that you select and stays current and up to date with ALL listings for that area daily. https://www.propertana.ai/

Hi there,Pretty new to REI as well.Things I've done to gain knowledge:-Listen to BP podcast-Read RE books-Enrolled in a RE course (I take an exam in a few months to obtain my license)-Look at listings throughout the day in states I've been eye-ing-Analyze potential deals by plugging numbers in a spreadsheet (to calculate what ROI will be first year, second year, etc) -Been reaching out to seasoned RE investors-Saving more $ to increase capitalGood luck to us!

A properly calculated cap rate can estimate a property's rate of return, but it should complement a comprehensive and detailed analysis of the property; it’s not designed to stand alone.📊 The Role Of Cap Rate In Investment Properties:- Cap rate is more than just a number; it's a guiding metric shaping your investment strategies.- A higher cap rate often indicates a potentially higher return but comes with increased risk.- A lower cap rate might suggest a safer investment but with lower returns.🧮 What Is The Cap Rate Formula?

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

We have a great tool that provides estimated monthly rent, which you can use in your calculations.

Not sure where to post this, so if needs to be reposted somewhere else, please let me knowI am trying to determine the value of a property as a STRUsing the online services, it comes out to an income of $110k+ at 67% ...

If price is below $360,000 then I back my way into if form there and calculate reno costs, etc.  

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.