This gives you a more accurate view of the property's true cash flow and performance without relying on a large down payment to "force" good numbers.This is exactly what we do — help investors like you evaluate deals to ensure responsible purchases that lead to portfolio growth.

Kind of like Joe Gore.. not sure why he (Lance) thinks this is something anyone wants to read.However its apparent that Morris Knew what the situation was way back early in the transactions and still decided to keep selling this stuff.. that's the issue right there.. then moved to other markets and targeted the same asset class's 5 to 10k junkers sell to trusting buyers these homes even if they were not butchered on the rehab are simply not good investments that asset class as described by Morris is simply not accurate.. not sure why  or how he got those opinions.. but he did and look at whats happened..  

@Aaron Gordon  we did the student rentals down here in Narragansett for  a long time and the more accurate screening was getting the major.

so comparing miami to ohio or kansas or iowa is very wrong in my own opinion, because you are comparing diet coke with unsweetened tea, once the economy created its own pattern of success , comparing it to other town would not be accurate becoz the methodology of understanding the phenomenon has not been researched yet.like california is now the strongest market in usa although price wise it is the second highest and huge pop declines.

The numbers only look like they work because the calculation is only as accurate as the numbers we plug in. 954.00 for 12 months worth of maintenance on a duplexin Cleveland?

Raising rent by a specific percentage isn't a very accurate way of handling this.

I ask because the first result on the vertex42 website for "amortization schedule" is an accurate one:  http://www.vertex42.com/ExcelTemplates/loan-amortization-schedule.html

I just got billed $365 by my property manager for replacing a toilet fill valve and supply line. That seems a bit high to me, but I figured I should check before I get too upset about it. Does anyone local to Memphis ...

For flipping, focus on accurate ARV estimates and budgeting for unexpected costs, while for BRRRR, building strong relationships with local lenders that can help streamline your hard money into your refinancing.

Also make sure that you're using "per unit" numbers for your rules of thumb because this is much more accurate than simply looking at the expenses as a percentage of the property's income.