Also, if you're looking for some basic calculators, spreadsheets, and other resources for getting started out and don't want to spend as much, keep in mind he has some other communities as well that can help with the basics without shelling out the $1500/mo. for the inner circle membership.

Here’s how you can calculate the income requirement:Monthly Rent: $1,680Income Requirement Calculation:Multiply the monthly rent by 3 to find the minimum monthly income required:1,680×3=5,040Therefore, a tenant should ideally have a monthly income of at least $5,040 to comfortably afford a rent of $1,680 per month in the DFW area.

Hey Steven, have you used a fix and flip calculator before? 

Before learning this, my calculations showed it would cash flow $240 after expenses, but now it will take an additional $10-15K to fix and install these features.

If you want to make it easier to do in your head, this same calculation is basically sf * 2.2.Area * 3.5 / 48 * 30$ = Area * 2.2Same math, but much easier to simply double sq ft and add 10% in your head for cost.

So how is the TI allowance calculated?

Giving up a bathroom at first and maybe a room later to increase this area demonstrates a calculated approach to realizing the full potential of your property.It's important to think about a few important elements before making any selections.

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

After using the calculator I only have about $50.00 / month cash flow for the first month, but I really want to go this rounte so I can get the Loan-to-Value ratio to be 80%.

Hello everyone, if someone knows which company is better for cold calling when it comes to calculating KPIs and lead quality, please let me know.