.✅ Do your research to learn what is realistic.Spend time really considering what type of business is going to be the best fit for you based on your experience and how you want to spend your time once you are the owner.

When an appraiser is adjusting a comp to match the subject property, he or she will use an adjustment based on the difference in square footage.

@Eric L ConryI would base it on your cash flow NEEDS, not wants.

Hi, I'm a long time Bigger Pockets fan and a financial advisor/CFP and former tax lawyer by trade.

I'm also based in California.

Tenants were ecstatic that I have been fixing things that were neglected for years and based on units in Clinton trading for about $200k a door, the property will likely appraise for 750k+ Lessons learned?

(aside from the 1 or 2 homes that have stunning overlook views).When building out your buy box, are you all using the averages, or are you basing your min/max on the cream of the crop listing revenues, even when there aren't clear reasons as to why they are performing so much better than others?

They're coincidentally based in Boston, too.Good luck!

Hey @Rio Nance you’re casting a pretty wide net with your question, since it's not specific to an area or city, but I’ll share based on what I'm seeing.

Then based on purchase price and escrow I back into how much money I would need to put down to reach my cashflow goal.