Armed with this information, carefully evaluate whether the numbers meet your investment objectives before making a decision.Good Luck!

You purchased your property in 2017 with an expected rent amount of $1,549 on the original property evaluation. 

My best appreciating properties have appreciated over $10k/month over the hold period.the best investors evaluate the risk associated with return.  

If you don't know how to evaluate whether or not it is a viable investment, why would you make an offer?

Some lenders might evaluate the same deal differently.

Step-by-Step Process for Evaluating a Flip:Find the Deal: Use platforms like MLS, foreclosure auctions, or network with wholesalers.Run the Numbers: The 70% Rule is a good starting point.

Evaluate forming an LLC to protect both parties and outline everything in an operating agreement.

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

Thank you in advance and happy holidays to everyone.Denise Most of our out of state investors that work with our team start by evaluating different places and then plan a visit to check out the area.

Use a spreadsheet instead, or find a different software.Thanks Tim.I'll probably go the spreadsheet route to start with, but as I look to scale my properties continue to evaluate other tech.I also reached out to RentRedi @ Tyson in this thread to share my experiences.