Hope you are doing well with all this COVID-19/economic craziness.

@Steven Griff I am not an expert by any means so take this advice with a grain of salt.

Continuous learning and searching with the help of experts in the industry over the next 4-6 months, you’ll get more extra $ earning in NO TIME at your convenience!

Verify economic occupancy and ask for disclosures of any rent abatement agreements or discussions.

Step 3:o Determine your Purchase Price (Highest Dollar Amount you will pay for the deal to make sense)o Calculate the Total Cost of Repairs and Closing Cost§ “Deal Economic sheets” can be very useful to streamline this process for determining closing cost (title, tax, lawyer, etc.)o Add [Purchase Price and Total Cost] together.Step 4:o Minus the Amount from o [Step 3 Purchase Price + Total Cost] from o [Step 2 Projected ARV Amount] o = TOTAL PROFIT This will calculate the total amount of profit you will make after listing and selling the property.

Anyway, I’d definitely like to connect with investors and experts in the area who are interested in similar techniques.

The more knowledgeable they are, the smoother your life as a property investor will likely be.Remember that an expert manager can also help you avoid fines and penalties, so you want someone who knows exactly what they’re doing.4.

That said, you don’t need to be an expert to calculate rental property cash flow on your own; the process is relatively simple as long as you have the right data at your disposal.

My only hesitation is tying up cash now on deals if the deals are going to look much better in the coming months /years with the economic uncertainty.

With the trillions of dollars the government will have to spend to fight the economic fallout from coronavirus, is this scenario on anyone’s radar?