Eric Woods
Getting Started in REI!
26 January 2016 | 1 reply
Hello all,I currently work an 8-5 job that is very analytical and numbers-oriented.With a solid background in finance, I would like to leverage my skills in analyzing deals and get started in the real estate investing arena.GOAL:Purchase SFR (3/2) rental property in the next 12 months to create passive income sourceRequirements of SFR: ≥$200 per month in cash flow (Income – Operating Expenses – Debt Service)Use property management companyGood location (schools, low-crime, etc.)Certain property condition criteria (ex. no foundation problems, etc.)Financing options: Seller financing would be ideal, but I understand this is 1 in 100Most attractive alternative:Conventional loan – 80% (thus, 20% down payment)Most or all of down payment financed through private lenderThus, my only out-of-pocket costs would be rehab expenses (but best case scenario if private lender can cover those as well)As you can see, my goal is to buy an SFR with as-little-to-no money down as possible (at a nice discount, of course) and create instant equity through forced appreciation.A few questions for you experienced investors out there: Does this financing sound reasonable?
Scott Starrett
New member from New York City / Los Angeles / Cincinnati
22 June 2016 | 7 replies
I've also lived in Los Angeles, so I have some understanding of certain neighborhoods there also.I'm a very analytical person, and very good with financials and spreadsheets -- my day job is management consulting.Please let me know if there's anything I can help with!
Salvatore Lentini
What numbers are you looking for?
14 July 2020 | 2 replies
I know some people working on developing a site with tools for research and analytics and they reached out to me for my thoughts.
Bryan Mitchell
How Important is CCIM in CRE
10 December 2020 | 6 replies
It's that it sets you apart and are able to discuss investment analytics and variables on a deeper level then other commercial broker.
Lian Shi
How to get a deal in a bidding world
12 January 2016 | 11 replies
We specialize in working with new investors and over deliver when it comes to analytics and assistance.
Bruce M.
Formula for evaluating a buy and hold property
13 March 2022 | 7 replies
You can get rental comps from the same websites that you get sold comps - using the same analytical methods.
Brett Thomas
My First Offer
29 May 2016 | 19 replies
Any info on the financial analytics of purchasing these types of properties would be helpful too.
Riley F.
Appreciation - how to factor it in?
17 February 2015 | 223 replies
A couple of months ago, I struggled with exactly this question and would also love the analytical approach that you seek.
Account Closed
BP Adopts Data Analytics to Improve Efficiency
29 September 2017 | 0 replies
What is big data, and why is it so important? Well, big data entails applying advanced computer analysis to the overwhelming amount of digital information that is collected and stored in different formats. Organizatio...
Todd Runstein
Newbie in Portland, Oregon
4 August 2014 | 6 replies
So, I'm very interested in ways to build up some cash so I can look for new properties - wholesaling is an obvious option, but I'm interesting in all options.My "day job" is a software engineer, but my "dream job" would be to write code (websites, mobile apps, analytical systems . . . whatever) that real estate investors could use to further their businesses.