Whether it be paperwork, crunching numbers, looking for deals, chauffering to deals or meetings, landlording, making sure people are doing their jobs, etc.

There's tons of variables as far as A-C buildings, rent control, cap ex, vacancy rates in different aras of LA (Then there's the mandated earthquake retrofit thing that I don't know how it could effect some of the buildings LATimes Earthquake Retro on Apts )So for for quickly crunching CAP rates --for instance on an old 1930 building in Los Angeles, what do most of you use as expenses?

I am thinking of putting down vinyl planks since I am in a time crunch (tenants get keys tomorrow)How hard is it to rip out carpet?  

This would be mainly for day-today assistance in sourcing deal for flipping/ buy and hold, property management of our own rentals (office and residential), as well as for many other tasks: website, social media, marketing, crunching numbers for deals, small projects....the list can go on foreverI was thinking eventually having a full time assistant for office management as well?  

No what I am asking is what would the ideal selling price to make this the 70% or worthwhile for you (if you were in this situation).Prior to buying the house, we put a budget together and crunched #'s and we are ok with the house selling for $39 or $40k - which is realistic for this market and location.We are still up in the air with the house if we are going to sell or rent.

My offer is more dependent on my system for crunching numbers and less on what they owe, but if I were to say that what they owe doesn't influence my offer sometimes I would be lying.Now this practice when buying has made/saved me thousands and thousands of dollars, and on the flip side I have lost several deals because I was haggling.

I have until next wednesday to crunch numbers and get estimates.

If, however, you're like me only doing 1-2 deals a year I think it's more prudent to make a "realistic" offer based on the amount of research and numbers crunching you're doing.Just my opinion, I'm certainly no expert.

I would start with crunching numbers to see if you would Have any cash flow.

Crunch the numbers...