My toughest challenge has been locating current phone numbers & especially The Cell Numbers of Property Owners I've researched since so few People seem to still have landlines today.

one more idea, sorry on my mobile app and it doesn't read well.

Do this a bunch, until you can start seeing pretty quickly whether something might meet your criteria.I use a little iPad app called real estate evaluator, because I don't trust myself to do the math consistently each time!

You would do better to drop rent 50 a month and get flooded with apps from quality tenants that pay and do not do damage. 50 dollars less in rent yearly is 600 lost versus 8,000 in damage and 2 months rent lost rent from your tenant.

I came across an article about flood insurance soaring costs on CNN money. ( can't provide a link since I am using the BP app).How do you think this will affect rental properties located at high flood risk areas?

I pasted some cells from Excel before and it didn't show up right.EXAMPLE DEALAsking Price:ARV $100,000*70%= $70,000-Repairs of $25,000= $45,000-Closing Costs/Points for transactional funding $3,000= $42,000-Profit(10% of ARV $10,000)= $32,000-Counter Offer Margin(3% of ARV $3,000)= $29,000MAX PURCHASE PRICE= $29,000*80%(Initial Offer)= $23,200If you get countered by the bank or seller, anything between the initial offer price and your max purchase price is acceptable to make a good deal for you.

I'm learning away with all the great forum posts. 2 newbie questions:1) I was listening to one of the podcasts and it was stated that apps like Zillow, etc. are not good for analyzing numbers and deals.

Sorry for the multiple post there, using the iPhone app...Anyway, in short, use an excel spreadsheet with tabs for your analysis calculator, pipeline flow, property lead tracker and contacts...easy to put together and keeps all the important stuff in one place.

Is there an app for that?

All four of these sights have apps as well.