If you use the internet to find properties, deduct the internet costs for the year.

Where I'm confused is whether I should use view those two pieces separately (one company for voicemail/toll-free phone service and independently determine if I need an answering service).

Do your own math to determine cost per sqr and check with your subs during a few jobs.http://www.building-cost.net/

At this time I'm just kind of gathering info trying to determine the best plan of attack, its crazy out here right now prices keep dropping, I would'nt even think of investing out here right now no end in sight, so just trying to determine if something out of state is in option or just be patient and raise funds.The painting biz is pretty good right now, for me at least, but just about everyone else is getting killed, lots of contractors with no work, some for months now, to bad a lot of good guys.

Hello,I was just thinking about how my auto insurance premium is figured using my credit score as a determining factor.Does anyone know if you can do this on rents?

In my experience the ARV is determined by an appraiser, not your estimate.To estimate the total cash you need to buy, rehab, and sell a property, start with the buy and rehab costs.

Welcome to Bigger Pockets...this is the best REI forum on the Internet, hands down.I've gotta ask....just because I'm in Louisville and not on either coast where property can get high....is it possible to rent out a property in your area reasonably or are you limited to the rehab and resell process?

Then quickly as soon as I can transfer the deed sell the property at an amount less than market value in order to attempt to have a quick sale.I realize that the properties still need to be researched and a true market value determined.

I am having the hardest time deciding how to determine this number.

Otherwise, cap rate is intended to help you determine the value of a piece of property.