Originally posted by @Nick Bolding:@Jim MorrisI work in Property Managemebt and I hear these emails, texts and phone calls at least 20 times per day.

The problem is statistically, people who smoke have lower life expectancy.

The BP calculators are a great place to start and will guide you through each piece so you don't leave a critical number out of your calculations.After you have analyzed enough deals and found one that you think looks good, you will need to be bold and pull the trigger, the first one is always the hardest!

What are some of the formulas or stats that investors should look at regarding RE (I.e. GRM, ROI, Cash on cash, NOI, etc.)?In which cases should you apply these formulas (I.e. flipping, rentals, turkeys, vacancies, et...

Still, I wonder if $1.75 wasn't a bit bold.

According to the most recent MLS Market Stats home-buyers in Tucson paid, on average, 97.95% of list price for homes that closed in April. 97.5-98.0% has been holding pretty steady for quite a while, actually: which is to say in this market, statistically, if the deal is priced effectively such that it sells somebody is going to pay 98% of whatever it's being listed for.A lot of investors want to come in and immediately negotiate a "minimum 20% discount" as part of their buying criteria.

Take lots of general math, bookkeeping, statistics, and finance courses, so you can work the numbers for proposed deals and learn how to compare properties.

Nonetheless, the handbook explicitly and repeatedly says "personally live in" or "personally occupy" AND explicitly states in bold "Use of the property as a seasonal vacation home does not satisfy the occupancy requirement."

According to one statistic there is a fire every 88 second in the US.

That's a pretty bold blanket statement.