Hey Bigger Pockets friends, my name is Ray & I’m a SoCal native running a technology 3D printing/3D printer eCommerce company, EEZITEC, based in Los Angeles, California.

Keep in mind this 8% PM part is best case scenario. 14% is likely more realistic long run with lease up fees and service calls.

utm_source=email&utm_medium=email&utm_campaign=emo-sendtofriend-hdp&rtoken=5cf92d81-5c0c-471b-ab46-c7e5df625bf5~X1-ZU10afpycosnksp_4wzn7) I did not run the numbers yet but I mean something similar to this..On the other hand I think to buy a small condo in the heart of Seattle (http://www.zillow.com/homedetails/1101-E-Terrace-St-APT-401-Seattle-WA-98122/59699632_zpid/?

Everything I have read has said HUSTLE every day; send out flyers, talk to agents, look through craigslist, and in a huge market such as Atlanta or Denver or Chicago, this makes perfect sense: there are TONS of properties out there and every day you should be able to find at least something to run the numbers on.

in his pro forma he shows this property at a 20.87% cash on cash return based on his assumptions; however, when I run mine I'm getting 7.91%.  

We run a professional business.  

That way you don't run the risk of shrinking your buyer pool, because in the end, every little extra add on money-wise is a deterrent to the end buyer. 

FYI: I also run three of the largest real estate investor groups on LinkedIn with over 20,000 combined members.  

Of course, I would have to run the numbers on any property.

Speak with a couple of local agents and ask them to run some comps for you.