🏠📈 Real Estate Update 📉🏠Here's the latest market report from February 2024 (single family homes) 📊:🏡 Mortgage Rates:30-year conventional rate today is 6.97%30-year VA rate today is 6.55% 💵 Median Sales Price: $460,000📈 New Listings: 1,616📅 Median Days on Market Until Sale: 21📦 Months Supply of Inventory: 1.9🏎️ Formula 1 race weekend tickets for November 21-23 will be available starting March 25 at 10 a.m.

But just to clear for all the new people the formula is NOI / cap rate = purchase price.

Anybody have experience using Brian Page’s BnB Formula program and can provide their review of it?

There is no precise formula by which properties are placed into classes, but here is a breakdown of the most common classes, A, B and C:Class AThese properties represent the highest quality buildings in their market and area.

I know a lot of investors who used that formula to get started when they did not have capital.

I'm sure there's a formula that experienced investors use when prepping a unit for renters, like specific cabinets, countertop, etc. 

We use a combination of tools out there plus our own proprietary formula.

Its locked so you can screw up the formulas but is you send me a message I will give you the code to unlock it so you can tweak it for yourself.

Don't get stuck on one formula, your path may take a little longer, but don't give up just find another route.

So, they’re “easy pickens” for the first “snake oil” salesman offering a one stop easy formula for success.