Mini,Thanks, I knew these computers would come in handy.

BiggerPro, You'd better get a bigger computer!

But if you want to quickly determine what something is making then do this:Cap Rate: is computed by taking the rental net operating income (NOI) and dividing it by either the sales price or fair market value (FMV) of the property.Example: A property has a NOI (Net operating Income) of $55,000 and the asking price is $650,000.

Originally posted by "r2d246":why don't you download "Limewire" and using that do a search for "Flip This House" and "Property Ladder" and download those episodes and watch them.My computer may explode if I put one more program on this 8 year old piece of crap, but I will try.

The good rental deals are not in your computer.

I love this site it is so comforting to know you can log onto your computer and share ideas, questions, concerns with others that are in the same situations or know the cure.

I will be graduating in 2 weeks from Stevens Institute of Technology with a BS in computer science.

What exactly do you need your computer to do for you that it is not doing?

Originally posted by "MikeOH": I would certainly do a cash flow analysis.Mike,When doing a cash flow analysis do you use a computer program or just run some numbers with a calculator?

I hate my current job (computer programmer / web designer / small electronics engineer), and I hate working for my insane boss. ;) He enjoys construction (where he is currently working for someone else), and with his GC license we are thinking of possibly doing some fix and flips.I am a little more interested in doing some wholesaling, but at the moment I am open for ideas.