So I've debated looking for a new deal to pop up, checking online every day, hoping to find an ideal BRRRR candidate or buying another home nearby and renting this one.

I have spent a great deal more time with some buyers or sellers, but these are the averages, which I use for my budget model.Next question I have to ask myself is, "What is my profession and my expertise worth on a per hour basis, when compared to other professional service providers?" 

(Smack right in the face with reality)I joined BP last week and have been listening to the podcast daily and assessing properties every day.

The following information is on a hypothetical basis that can be applied to a real-life scenario. 

I like to think of it as this: either you make more money on a monthly basis (higher cap rate) or you make money thru appreciation or longer term in better markets which means lower cap rates.

When you bought this house as equals you had each had a basis of $65,000. 

The one that im considering to join is just transaction basis.

Use that to take a step forward every day, and I hope that you end up going further than you could've even imagined! 

In theory, if I claim 100% of the cost basis as the price we paid for the apartment, the IRS could make the argument that there has just got to be SOME land underneath that apartment somewhere, and therefore I must have some part of it.

How many listings can I expect if I call 5 hours a day every day?