That rule is used to evaluate a deal.

As Thomas mentioned - narrow down your area, buying criteria, understand the numbers and how to evaluate a deal, and build your network.

If you’re considering this step, consulting with a financial expert to evaluate options tailored to your situation can be invaluable

More importantly, at the moment, we do not have a network of contractors/PMs who can help us evaluate properties in any Class to tell us what we can expect once we purchase them.

To evaluate an advisor, consider their track record, flexibility, and compatibility with your goals.

Based on years of experience with over 530 investment properties in Las Vegas, here are some thoughts to help you evaluate the value of property managers and how to find a good one.The Value of a Good Property ManagerMany people believe that a property manager's only value is collecting the rent.

., evaluating his claims.

Continuous evaluation of market trends also played a key role in setting the optimal sale price.

Here's what I've learned:Inspections Are Non-Negotiable: Always get a full inspection, but don’t stop there.Plumbing & Sewer: Have the plumbing and sewer systems checked specifically, as these are common problem areas in older homes.Electrical System: If the inspector flags any electrical concerns, bring in an electrician during the inspection phase for a detailed evaluation.

I have been reaching out and evaluating a few different sponsors.