Now I haven't found this elusive creature quit yet but I continually look for him. 

What do You Think?

The Wall Street Journal is reporting that studies by Standard and Poors and John Burns Real Estate Consulting conclude that 70% of loan modifications done will delay but not prevent foreclosures. ...

@Bisrat Arega COC is elusive, relative, and arbitrary...I guess what I mean is that the formula is simple on paper, but in practice it grows legs...and to be honest, 90% of the figures people are bragging about awesome cash-on-cash returns are far from reality.

I've got to find that happy elusive medium. 

I walked the property and it was clear it needed a full gut rehab but with the right purchase price, though, it could be the elusive AirBNB property that is also a fun vacation home.Based on my estimated rehab cost, I worked backwards to determine a purchase price using the 80% rule. 

In their infinite wisdom, the wise men chose "net operating income" as a starting point in their quest to arrive at this elusive "value".

Harder to gauge with STRs.Future PlansMy original goal was to get to 20 units and the elusive $100K in rental cash flow by 35 or in 5 years.

Future PlansMy original goal was to get to 20 units and the elusive $100K in rental cash flow by 35 or in 5 years. 

I'm getting ready to launch another mail campaign, and was looking for tweaks to do to drive up that ever elusive response rate, and the thing I learned from this thread is to definitely be targeted on my mailing list for potential motivation upfront, and to combine multiple different strategies outside of mailers.I'm surprised how many people shy away from the phone, or door knocking.... sometimes your fastest deals will come from you putting your feet on your farm area and getting in peoples faces and ears....

I know that staying organized would help alleviate a lot of the stress that comes from trying to do everything myself but it remains elusive.