Golf, snow ski, read (non-fiction mostly) enjoy movies, volunteer at our local community theatre-set building and occassionally acting.I used to sell industrial supplies; fasteners, tools, electrical and hydraulic supplies.Click below to see a scene from a recent play I was in.all cash

The property analysis tools are great.I currently own 4 duplexes and one single family home and have been doing this for about 5 years.

I don’t use my HOME as a tool...

Borrowed money is an excellent tool for leverage and gives me an incentive to work harder to succeed.

I would not make any mention of cap rate to the seller of a residential property or their Realtard as you may just confuse them but I like that you are using this as one of your evaluation tools.

They have painted, used power tools, measured and cut siding, placed trim, dug ditches, cut sheetrock, pulled carpet, filled dumpsters, swept roofs, raked yards, cleaned driveways and gutters, built walls, hung new cabinets, hung notices, sat in court, and so much more; if they knew it or not learned more hands-on Real Estate than any book could teach them.All that said, my 23 year old daughter wants to get into the business.

@Doug HadleyI am not endorsing Harbor Freight Tools, but the reality is, they are alot of bang for the buck.

I actually plan on getting the license as a tool to help me buy investment properties and some flips.

I am interested in SF properties right now..My question, I have ran a few today and I get this low cap rate of about 5.2% but click on the 50% and it has $121.00 cash flow on it..price 50,000tax 2191closing 200020% downrepairs 1500 (flooring/paint) I will do4.520 yrsrent 750 = 9,000vacant 10repairs 10pm 10capex 10insurance $60 monthThe deal analysis tool says..expenses 795.64monthly cash flow -45.64pro forma cap -4.6NOI 2489.00cash need 13,500cash on cash NOI -4.06purchase cap rate 4.9850% rule$121.94Is this correct how i did this?

You could easily have $10k+ worth of tools and stuff.