Excel has the functions built-in.

I hope to add the capability to add this functionality to the forums soon.

Any potential deal or partnership will require "being bothered" with a lot of "details"!

Then I take your loan balance, $19,776 and using the discounted cash flow/present value functions on my financial calculator and calculate back to determine how much (or little) I have to invest today to buy that mortgage in order to turn its (face value) yield of 12% into a yield to me of 20%.Back in grad school and when I worked I was actually pretty good at doing this.

Appreciation is a function of NOI and the prevailing CAP rate.

Hello all, I have approached my cousin, a millionaire stockbroker, about the possibility of starting a partnership wherein, I would find the properties, put together a business plan/investor package, and then together we would market these properties to his contacts and associates and start a partnership that way.

Search, real estate license in _____(state), you should find what a real estate agent does, Pay close attention to the activities that require a license and then don't do those functions.

When problems arise in partnerships, especially those that started as friendships, things can get sticky and uncomfortable.

If you're making active, or earned, income, then you'll pay more taxes than you should by operating through a sole proprietorship or through an LLC taxed as either a sole proprietorship or a partnership.On the other hand, If you're receiving passive income from property rentals, then an LLC taxed as either a sole owner (Schedule E) or a partnership will save you tax dollars you'd otherwise spend if you operated this business through a C or an S Corporation.

Or the LLC can be treated as a partnership for tax purposes when there is more than 1 member.