You know...there is a tool right here on BP to analyze rentals...https://www.biggerpockets.com/buy-and-hold-calculator

I have been looking for tools to use to evaluate the RE market in certain areas.

Due to new tenants often meeting me in a pair of old jeans and a T-shirt along with an old old truck full of tools everywhere, I kind of feel that maybe I appear to be something less than professional and worthy of being tried.

He has let me borrow tools and given me simple advice on how to cheaply make repairs.

There is a wealth of information here on BP, the podcasts are great tools among others to educate yourself.

Having done due diligence on second non-performing notes I have all the tools and necessary data bases to do the underwriting.One must be very much aware of changing market conditions in your area.

So think of it as a tool.

Each RE tool has it's own pro's and cons, and you have to weigh them.

Hey James, BP is a great networking tool and great source for information.

The contract is an important tool to use, but there are a few other things you need to know about wholesaling.