Money is not necessarily an indicator of success that should or could be duplicated or successful teaching abilities.

Tabatha L.Those ratios and indicators - along with others - all provide insight, but you need to understand how they all inter-relate and know that many of them (perhaps all) can give you false security ... especially in isolation.For example, we recently looked at a property whose GRM was just over 6, but the operating expense ratio (operating expenses / gross revenue) was over 70% (the annual heating & hot water bill was ~1/3 of the gross revenue).Cash-on-Cash (CoC) return of 35% is all smiles, but not that common in the real world.

Plus, if you're subbing out the work (as you indicated above), you shouldn't have any tool/equipment costs associated with the job.

GC has agreed to walk properties to estimate costs with my on my first handful of deals)-Wholesalers (I have 2 that I trust thus far who collectively send ~5 deals per week, and am working on building my list of wholesaler contacts).I know the first project will be very learning, but I want my partner and I to be as prepared as possible on our first couple of flips to minimize risk of being blindsided.

The math indicates that you can extract equity from these singles to buy apartments without incurring a bunch of transaction and selling costs.

Obviously I'm not going to buy a property I haven't seen, but, I'm not going to fly across the continent unless the insurance value is a very good indication of my projected market value after rehab.

There should be ways to minimize the damage.On the existing tenant evicting her now would be best.

With year end getting close I am trying to figure out what to do with my businesses to minimize my taxes.

So a bidder at auction who exceeds the minimal bid given by M(2) 'wins' title to the property subject to M(1).

I would minimally hold the landlord accountable for the hospitalization costs.