Then in the spreadsheet I added columns to calculate what percent of ARV the all-in price comes to (i.e. the "70% rule" number — that should have a name but I don't recall seeing one), the GRM, the "2% rule" number (which also need a name), cap rate, etc.Another nice feature is that if you add new fields to your form they are inserted into your spreadsheet between the previously existing form columns and any columns you added.

You are looking at something a little unique (in the size of units), and if that is the market you want to work then there may not be many of those deals out there, both for you to buy and/or for a tenant to rent, so it could be a nice little niche.

I'm still very new here, and every experienced member/investor has a unique way of approaching their investments but I have found one thing they all have in common.

However, just like anywhere you are in the country, there are going to be some areas, that are simply not a favorable space (East Cleveland, Cleveland Proper (except: Tremont, Ohio City, University Circle, Gordon Square, Duck Island, Battery Park, Detroit Shoreway and a few more notable spaces)) moving on, the remaining eastern communities will give you settings featuring lower-middle-upper middle class, as well as premium upper class communities, but they do not seem to be on your radar anyway.

There are a lot of other benefits too, like the marketplace and the meet feature

There are so many unique neighborhoods, so you can really think about the type of renter you want to attract, your investment strategy (do you want to renovate a bit and build equity or a ready to go turnkey, invest in an up and coming neighborhood with appreciation potential or a neighborhood that's been solid for decades), and the lifestyle you want to live - it's a house hack after all.

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Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

If your marketing piece is unique, you could stand out from the rest and connect with them.

The V2 would seem to have great appeal in my local market, as they feature clean, European styling and a variety of desirable options including the possibility of multi-family units.