I'm looking to use Joe McCalls numbers of averaging 2-3 wholesale / lease options per month, anticipating making 5,000 per transaction, roughly.This may be a weird questions, but what do you guys find is the best way to visually display your goals in your offices as a constant reminder/motivational tool?

Hi Brant,Glad to see you are here.What do you anticipate for profit spreads when selling the rehabs and how much time from buying to rehab to selling??

And like you said, if it's not cash flowing like I anticipated, it would be a lot harder to sell as only an investor would be interested.

A buyer is given up to the say ten days prior to the anticipated closing date to deposit the full deposit.

hey guys, sorry to delay your anticipation, there are people that want to see other people succeed, I see @Joe Delia and @Ed Wood don't seem to have met these types of people willing to believe in their operation, yet.

Check on the solvency of the HOA, anticipated improvements, liens on the HOA, potential liabilities.Sounds like a good one!

It took about a month longer than anticipated because the seller was just a mess.

Comps are strong at about $116-$134, and walking through my contractor (who I've used on a ton of projects in the past), we anticipate we could turn this thing for no more than about $7500.

I can go into anticipated market changes (not valid so much as saying the estimated value as of this date) but it is a footnoted issue as the lender can be effected by significant changes in the market that are expected to occur.

Larthsa,To figure cash flow, you list all of the monthly expenses, Principal and interest, taxes and insurance, add in any utilities, HOA fees, etc,,,then you need to figure out a fair figure for "reserves', this is a hold back amount for the hot water heater breaking etc,,,then figure in a percentage for vacancy (most will use around 5% if its easy to lease) if your going to have a management company manage, their fees,,then add,,,take the final figure and take it from your monthly rent, and you SHOULD have your cash flow (if I missed anything anyone please chime ini)If you want to figure your "cash on cash" return, figure out how much you will end up in the deal for in cash (deposit, rehab, closing cost paid in cash etc, all expenses you will pay in cash), thats your total "cash" in the deal,,now see what your annual cash flow from the property should be, divide that by the cash you have in the deal, and you should have your cash on cash.You can do this with a simple spreadsheet, it makes it very easy to look at deals, but remember, these numbers are only right IF the estimates you put in are right,,,including the anticipated rent,,too many new investors tend to under estimate expenses and over estimate rent.andy