I used to use a "Note Payable" other liability to pay out JV partners but I've found that I can just do it straight from the "other asset" NPN.For performing notes, I was advised to use Income and Expense accounts but the only ones we had recently we flipped after a few months so I stuck with the above formula.

ok. everyone uses their particular formula. my preferred is just gross income over purchase price.partly because some investors especially new str folks seem to not grasp the importance of buying low (auctions, foreclosure, etc) and finding the pockets and methods of sustainable high rents.people seem to not also include appreciation or loan payoff.

I'm trying to figure out a good and complete formula for Gross Operating Income, with respect to real estate.  

What hurts Investors that use this formula is it does not account for Holding Costs, Backend Selling Costs, etc.I use the following formula to determine my Maximum Allowable Offer (MAO).

Add another column next to the mailing address column and run a formula to identify duplicates based on this parameter.

Any ideas or formulas I could use to get the Analysis Over Time #'s ? 

There is no magic formula, I learned several great lessons with my first properties I owned and I see the value in mobile homes, cheap to buy, easy to rent. 

You can see what others are looking at and you can post a deal to get advice.The formulas are pretty straight forward so I am sure you will get the hang of it.John Corey

One is to know how much $$ you will need to put into the house plus your profit and offer a price based on a formula you feel comfortable with following.

Does anyone have a formula or percentage that has proven reliable?