Go get your license as an agent but while you are learning and meeting people, read and watch as many videos about how to analyze deals and estimate repairs.

While this analysis is certainly important, investors in metro areas cannot ignore the upfront time and money required to get an STR up and running.In analyzing a potential STR investment in a metro area, include these estimates as upfront costs (these are strictly furnishing expenses, not including any rehab work):- Living Room: $2k⠀⠀- Dining Room: $700⠀- Kitchen: $750⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀- Bedroom: $1.5k⠀⠀⠀⠀⠀⠀⠀⠀⠀- Bathroom: $300⠀⠀⠀⠀⠀⠀⠀⠀⠀You can certainly furnish a STR for more or less, but these are numbers I try to stick to in putting together a nicely furnished rental that includes personal touches and local flair.If you have any questions about STR investing, please don't hesitate to reach out!

When you analyze deals do you have minimum CoC, IRR and cashflow per door metrics? 

Whether that is analyzing a property, contacting a Realtor, a lender, etc.The more you can hold yourself accountable, the better! 

Thanks in advance for your help. This would be my first deal.  The way I am running the numbers it seems this house barely cash flows.  It doesn’t meet general 1% or 50% rules.  I have passed on a couple of opportunit...

I run several businesses, don't own any canned software and the applications I give away for free is all I use and my records are accurate-to-the penny.One video is only a few minute and it explains the software I use to process my lead lists, for telemarketing, direct mail, analyzing single family, multi-family and I have a lot of educational information and tools.This current software I am working on will never be finishes, but is it also very functional.

Hello, I am a total newbie and was just wondering if someone would be willing to analyze this property: https://www.zillow.com/homedetails/3829-Glengarry-Ave-Kalamazoo-MI-49004/84498155_zpid/I am looking to buy a place to live in for a year, then to rent it out afterwards.

Highly appreciating markets usually have little to no cash flow.When we analyze a property we use the following criteria in this order:1.

To start out, I am analyzing these areas for property analysis. 

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