Hey BPers,Trying to determine the best route to create my website to produce more leads.

@Nic Stergion Nic it’s not the pro forma that’s misleading it’s the party that produces and presents it.

Purchase price: $113,000 Cash invested: $160,000 In Nov 2018 we purchased a 3/3 1,800 sqft house for a total cost of $180,000 with no mortgage.

You'd have to have a crazy amount of debt to not qualify for a $235K mortgage on an income producing property with $60K down.

I make the same gripes all the time.This is why I’m currently trying to build an innovative marketing machine to reach motivated sellers before the competition.

The issue was they were using a crooked Appraiser, who was producing much higher appraisals than what the properties were worth.

I personally would recommend getting your license because you won't have to rely on anyone else for running comps or putting in offers.Lastly -- Passive real estate is an overused phrase for people who only want the benefits of real estate and not the work that goes into actually building a portfolio that produces that type of income.  

My low end rentals on Maui produce an average of 25% COC returns, plus appreciation.

I set up all of my properties as buy and hold income stream producers.

This is the method used to value income producing assets.