Originally posted by Tevis Verrett:...I am adding GRM>8 to my war chest of analytics....GRM>8 = "GRM greater than 8" - that is a "don't bother" because rents aren't even 1% of askingGRM<8 = "GRM less than 8" - that is in 1% rule range; understand that 1% rule is probably break-even cash flow at best.

Hey Gus, a great way for you to analyze this property is by looking into some CRE data and analytics tools.

I have some capital and a financial/analytical mind, but very little experience in real estate.

DescriptionAssist in the identification of client needs and selection of analytical frameworks while completing a variety of complex reports, forecasts and analyses, and communicating appropriate conclusions and interpretations involved in facilitating and supporting planning and business development processes at <Name removed> Health Systems and its affiliates.

I studied management but my w2 profession is now data center engineering specialist after I built my own AT&T back in the 1990s , it is one of the most hunted skillset by recruiter, it was so easy to find job I have to block recruiter number in the past. but my family and my wife family is both landlord and their parent is also landlord, so we save every money and buy house and buy land and after a while we develop good business relationship with contractor with tenant ,etc that we could make additional money with them as well, combining with my analytical background and real estate experience i know i could do more; but i don't want to become GP or syndicator as managing other people money is scary for me.

Good communication, a general knowledge or rehab, an analytical way of looking at things (more like, "this property is in an area that is gentrifying" vs "the living room's feng shui is perfect" sort of thing) and a willingness to both be patient and make some low offers.

adnetw...For me I have deep special interest on thing like this, 20 years ago, I used to do lot of similar thing, more like automation framework for data analytics. 

For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general, analytics, and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.Regarding the overall Las Vegas real estate market inventory:The chart below, provided by the MLS, includes all property types and price ranges.

As a numbers/analytical guy, I love that.

Hey all - I'm new to the game and am starting to get some reps with the analytics tools, specifically AirDNA.