It's very "Apple-like" in terms of functionality which makes sense because the founder of Nest was a former Senior President at Apple and played a role in iPod and iPhone development.

Have to say it makes me feel old school, since the "flipping" world of reality tv and blogs and seminars wasn't yet a thing 15 years ago.Rehab Refi works for me.  

It's just a random metric to be able to compare multiple, different properties on an apples-to-apples basis.  

There's a lot of flip shows on TV.

From the ins co's standpoint, they would have to pay for rental of a house full of furnishings (tv's, beds, couches, etc.) if this family went into a typical, non-furnished home, so it is a good deal for them, too.  

or is this because you watched a TV show and thought you could do it too??

No car payments, low primary mortgage note, no kids, no cable TV, no partying, no

The important thing is to always get these companies down to an apples to apples comparison by researching exactly what is included in their management fee.

As fun as they are to watch on TV, flipping/rehab projects always seemed much better suited for more experienced (and handy, which we are not) investors and healthier markets.But… this property came recommended by our agent as one that had been on the market for a while and had several price reductions, as well as requiring very few if any structural improvements.

I'm going to be doing advertising on the radio, TV, news papers, flyers, etc. saying "We Buy Houses, Land, Multi-Family Homes" to pull them to my website.