Hi all,Doing research for my first deal (still).There doesn't seem to be a "method" to calculate returns on properties- at least not like traditional rentals (50% rule, 1% rule, etc.)

@Paul Logsdon So the driving for dollars method required you to first research these areas that you visited, to get the estimated ARV for the property that you find?

Almost everything under about $150,000 makes the cash flow work, even with generous M&R set aside!

Just be sure your employer is following the laws around text messaging because "they" are cracking down on this marketing method when done illegally. 

Hello All, When you buy using the BRRR method, what type of loan, time frame, and interest rate do you shoot for? 

Being that I have no real experience with real estate I am also interested in exploring pretty much any other method of real estate investing.

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Great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcasts: https://www.biggerpockets.com/...Wishing you the best!

Hi Jessica,Great to have you here and welcome to the site.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcasts: https://www.biggerpockets.com/...Wishing you the best!

I would sale the California property and apply that to the new TX home and save the rest for R/E Investing.