22 January 2020 | 23 replies
I used Four Square analysis and it looks like I could cash flow right around $200/month.

23 January 2020 | 38 replies
I use Stessa, Cozy, Excel, google drive, google voice texting, and a PO Box.

22 January 2020 | 6 replies
@Thomas SmithThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.
21 January 2020 | 2 replies
I've got the BP analysis tools as part of the pro membership, but there's a gaping hole in being able to actually do realistic analysis and that leads to my question:How can you estimate the rehab costs for analyzing deals?

21 January 2020 | 1 reply
Your phone has a way of sharing your contact information with anyone quickly and easily using a QR code and their phone camera, or you can send it via text, or email, or messenger, or a hundred different ways.There's a place for business cards but I find them antiquated and unnecessary for most people.

21 January 2020 | 3 replies
Hi everyone! I’m working on getting my second deal under contract and I’m feeling conflicted. I usually can look at properties in my area and really have a good idea of the current value and the ARV but ironically the...

12 February 2020 | 16 replies
In an investment property it’s probably better to do a straight financial analysis.

26 January 2020 | 4 replies
For your smaller deals (less than 30 units) using a 10% vacancy/collection loss factor and a 55% expense ratio is a pretty good place to start the analysis (might be a little conservative from a V&C standpoint).

25 February 2020 | 12 replies
I know a lot of them.. they dont think about the 1% rule they have been spoiled for the last 10 years on an appreciating Toronto market.. negative cash flow is fine with them.. their decision is based on location and can they allocated a portion of their high income to supplement their out of pocket expenses..Most of them are not so analytical on cash flow analysis like we are

25 January 2020 | 1 reply
You could analyze the property a few ways but that will only give you a ball park ESTIMATE.1st: You can just run your analysis and add the owner occupied space as additional vacancy.This is a good method because you are "not" collecting income so you are being very conservative in your expense estimate. 2nd: You can run the analysis and calculate the property as if it is rented and you will be receiving rental income.