Also keep in mind that not all expenses will be available to you and many sellers hide/lie/etc. about the real numbers.

I think you'll find the most important team member hiding in the MIRROR!

Use what ever calculations you choose for your criteria, but keep in mind that there are many claculations & considerations to observe before moving forward on any deal.It is true that sellers and particularly seller's agents, will make the numbers look as good as possible, attempting to hide or leave out expenses and inflate the gross incomes.

A few suggestions which I think would enhance biggerpockets (some taken from vBulletin), in no particular order:* multi-quote - the ability to select multiple posts for quoting* kudos - ability to register approval of a post, or agreement with a point, and then count these and somehow rate posters - just provides more incentive to share and try to be constructive and helpful * ability to view the forum in wide screen format (maybe you can but I can't see how - the forum text only takes up about 30% of the width of my screen)* more/better emoticons - happy to suggest some if you like ;)* also I'd like emoticons inserted where the cursor is, rather than always at the end of the text (ie if you edit and want to insert an emoticon in an earlier para, you seem to be only able to do it by cutting and pasting the emoticon, which is always inserted at the very end of the whole post)* I imagine this is related to the fact that whenever you format some text, your cursor is moved to the very end of the post; I'd rather the cursor be left where it was just prior to applying formatting (eg bold)* ability to report/hide abusive posts, to try and stop conversations degenerating into slanging matches :roll: Love the forum - thanks, Josh.

I will balk at any ridiculous fees, such as courier fees.I will balk at someone trying to make me buy Title Ins,paying lawyer fees etc etc .If you bought a bank owned property with Cash,you can really help me with what fees you encountered .I hate getting ripped off by bullsh.t fees and useless lawyerswho are not representing me .What will I be looking at in closing fees on a Cash deal ???

If you need to skirt the earnest money issue or try to hide the amount, you might want to consider a different approach or presentation to the seller.

There is no since in trying to hide the fact that I am interested in making a dollar on every transaction I am involved with.

I just had a freakish weekend showing a house--the first applicant was a very attractive woman who worked for a cosmetic Surgery clinic -- she had obviously taken advantage of the employee discount--she had a very nice look and way about her- & her children were nice too--she was evasive about her credit -she said it wasn't "too good"----upon getting the screening back,the records showed she had undisclosed bankruptcy, recent eviction--she said that was her sister's eviction-- it was" just in her name", the LL name she gave me was not the property owner listed on the county records--"she said that was because of a divorce and he was hiding from his wife", the child support financial records to support her income I asked her to provide "couldn't be faxed because something was wrong with the fax machine at the clinic", and she had 30 recent collections as well as 4 new court judgements-- these were" just loans and things, so how does that affect me renting your house?"

Not that you would try to hide something on purpose but when you're new things can easily get overlooked and come back to bite you later.

Why would you hide your intentions?