If you invested the money available the same, you wouldnt be way ahead in 30 years w/ equity investing bc you would have a lot more house and a good portion of them paid off- which greatly increases the CF they provide.

I'm assuming this space is much larger then the spaces for lease in the strips, if that's the case typically the per sq. ft. lease rate is lower for a larger space.Any national chain is going to have their own formula to figure out what they can pay in rent.

@Christopher Hunter Thanks mate I will do that, and way ahead of ya on the meetups been keeping an eye on it, heck I get an email telling me when the next one comes up, read it to see if its here in Lakewood or Tacoma :)

The numbers don't work using my formula either.

If you are just starting out go ahead and attend...but do not buy.

Many investors are looking to do a JV partnership with money partners, but you have to be extra careful to go with an investor and contractor that is really experienced and all the protective legal paperwork written up ahead of time.Good luck to you.

You May have been to a Guru seminar if..........You believe brokers will continually submit deals to you although you have no capitalYou believe lenders look at the property ONLY when considering whether to lend you money, so that your multiple bankruptcies, credit score of 490, and $80,000 in credit card debt won't matterYou think that commercial real estate sellers will accept post dated checks for $100 as sufficent earnest money.You believe no seller is sharp enough to see through the numerous “weasel” clauses you put into your purchase contractsYou are persuaded that the only difference between a $1000 transaction and a $1,000,000 transaction are the amount of 0'sYou believe everyone who critsizes your plan is jealeous and wants to see you failYou believe that 20 years of hands on experience, a four year college degree in real estate and yearly mandatory education seminars can be trumped by the “intense training” 3 day seminar you just paid $7000 for.You believe that the $7000 you just borrowed on your newly increased credit line to pay for that seminar is an “investment”You can't believe people actually wasted $80,000 and four years of their life learning “useless” information in collegeYou believe assembling your real estate “team” is your key to success and a necessary first stepYou believe you can actually contract with the best “players” in the industry although you have no experience, capital, or track recordYou believe that once you find the deal that fits the formula money will come to youYou believe that your Guru has provided you with exclusive information on how to find “bargain” dealsYou believe one in a life time “steals” are an everyday occuranceYou believe you can be successful working “the system” on just weekends and holidaysYou believe the Guru got rich by actually doing real estate deals rather than by using a slick promotional sales and training systemYou believe the personnel provided to assist you are actually real estate investors who actually have experience and knowledge and aren't just some failed salesman reading from a scriptYou believe you're the first person to think of using BiggerPockets as your source of wholesale leads or to build a buyer listYou believe wholesaling is investingYou think the term is “whole selling” not wholesaling.

It cannot be added to the mortgage, which I knew ahead of time.Also turns out there's another offer as well.

Please don't change the formulas or it won't work for the next person; download it and use it offline if you want to change/add to it. 

They pull info from the Transunion credit bureau only, but if you're looking for a new card/balance transfer offer they have some formulas for suggesting the best card for your particular situation.