Im not a rehabber im just analyzing this property that for sell.

The only thing I need is the good deals, I can analyze it myself pretty well at this point.

A rule isn't a rule if it doesn't apply in the vast majority of distressed situations...which applies to most purchases analyzed on BP.

What I have try to do is analyze my situationa dn go from there.

some people will analyze it for so long that the property is off the market by the time they say yes.

It's mix use. It has a store front (been there for 5 years) and two apartments above. It's a main street in a up and coming town.

asking price is 345,000

Rent Current Market ...

(Yes, I realize you didn't ask us to analyze the property per se, but you asked for a reasonable offer price, which is absolutely tied to what will make the property a good deal, which of course requires analysis.)Bottom line, if you are absolutely convinced that it is a good deal at 1.4M, then take it at 1.4M.Originally posted by "littleivy":I have lived here a long time and have seen my home increase in value from 275K to 1M in the 13 years since we bought it....and our first home, which we kept as a rental, has increased from the 195K that we bought it to being worth about 850K+.I also won the lottery the last time I played, so I figure I'll be a shoe-in for the next time I buy a ticket.Have you seen this graph?

I found a apt complex which I ran through the property analysis tool but I want check with the experts here before I decide to pass since the numbers don't seem to work. I may or may not be doing it correctly.

Here ...

This is taking into account the average actual operating expenses in the US of 50%.If anyone else sees this differently let me know as I would be interested in seeing how you would analyze this deal.Thanks

All good info.What I would do is move as quickly as possible into Wholesaling.Here is where you earn big time while you learn.The difference between the Bdog and wholesaler is that you need to learn how to analyze a property to see if it is something appealing to an investor.YOu'll need to learn how to market, negotiate and contract.All the skills you'll need when you start buying properties yourself.The sooner you move into the wholesaling arena, the better.You're almost there.