(I don't expect it to cashflow while I live in one side although that would be excellent).Regarding the 3plex, that is a good idea. 

I am trying to evaluate a property, and I'm curious what many call an ideal or excellent cap rate for a rental property.

You can use Excel spreadsheets if you want, or just start with a simple calculator for what the purchase price is, rehab needed, ARV, etc.

Hi, I am pretty good at excel and want to see if any agents could use an excel workbook to analyze deals, if so let me know and we can develop it together.

It's a great business to get into, but there is definitely a lot to learn.Here are ten tips for new agents to excel in their roles:Develop strong communication skills: Effective communication is essential in sales and customer service.

Atomic Habits (Excellent book on habits and discipline), Never Eat Alone (Changes perspective on networking), Confessions of a Real Estate Entrepreneur (creative real estate)

@Zachary Peacock The best way to build a strong network of buyers is to cultivate excellent wholesale deals.

(1) That's true for a) commercial 5+ unit property loans and b) what the investors themselves value the property at, not true for how residential appraisers value property for residential 1-4 unit lenders.(2) Excellent, that bodes well for the cash out refinance.(3) Sure.(4) It's easier for agents, because at that point it's not their problem.

Excel, excel, excelBest of luck,Mike

Excellent location with great current and future prospects.- Easy access to San Antonio’s major thoroughfares: I-35 and Loop 410- Near Major Employers including the Rackspace Headquarters just steps away from the property and numerous employers on the Loop 410 Office Corridor- 5 miles away from Fort Sam Houston – Joint Base San Antonio – Largest military medical education and training facility in the U.S