I ran across a post on here about why wholesaling isn't really the best way to start real estate for newbies.

I ran cross country and track at The University of Mobile and Mississippi State, so I know what it means to put in the time and effort to get what you want. 

Obviously, I ran numbers on everything.

I will say that what you saw today is indicative of the culture and economy I was referring to in my original post. 

In the past I ran the numbers through the BP rent calculator and figured out what I could safely pay, then set up the offer with her mtg payment in mind.

I ran the numbers but not 100% sure I'm getting the correct calculations so I wanted to reach out and see if someone can help us.Here is the info on the building we want to purchase:11,052 sqft  $169 per square footNeeds about $100,000 in repairs (roof, electrical, paint, cleaning etc.)Rents for 0.82 cents per square foot.We would put 25% down and pre-approved for the rest of the purchase price at 3.85%A similar comp down the street that just sold:11,747 sqft$163 per sqftrents for $.79 per sqftThe building was move in ready, no repairs needed.When you compare both properties  it would seem that you would come to the immediate conclusion that we are getting a bad deal but I'm just wondering how much to offer.

Hello BP Forums i ran into a delaying problem earlier today.

I ran the numbers for a property I possibly want to get into.

I ran a manufacturing company for most of my life, employing many blue collar folks and competing with imports along the way.All the BS about the stock market tanking changed course real quick when it opened up, and continues today.

I ran the numbers for my own practice and if I'm right you're only cash flowing like $38/month for each side with getting $1775 in rents.