I am a Farmers Agent myself in South Dakota.Things to remember:Premiums are derived based on more than home value including Credit Rating, Loss History, and LOCATION.

Can you quantify the amount of business that you've derived from BiggerPockets?

I’m talking about everything….securities, commodities, personal assets, derivatives, closely-held stock, access to lines of credit and private money, etc.The more liquid you are in these areas the less cash you need to keep on hand.

Debt derive.

[I do recognize that we're normally buying properties at way under assessed value, and there may be a lag on tax relief as we pursue the appeal of the assessed value.]Secondly, they *should* subtract the P&I from the net operating income derived above, and your net positive cash flow should then flow to the income (denominator) of the ratio.

My understanding of opening bids is that they are roughly an amalgamation of the lien amount owed to the foreclosing entity, legal fees, HOA fees, etc but somehow a number is derived.

Afterall, the whole premise of my flipping operation is to rehab a property to derive the maximum profit. 99% of the time, the person buying is a retail buyer requiring a mortgage.

I think this filtering (or lead-scoring) approach is good only if you have so many leads coming in that you can't handle them all personally.Also, I would be apprehensive about using customer-derived data to make offers sight unseen.

Real estate derives its value from one major component - cash flow.

Ray Alcorn's article, "Deriving YOUR Capitalization Rate" is the other major article I would tell people to read.