It helps you identify the complexity, tools, and time it will take for a project.

This will not only give you concrete data as to where each penny of your $$ is going, but will help you identify opportunity areas to improve.

Hi All,I'm looking to connect with brokers in the KC/MO area to identify solid multi family deals, including off market listings.

I was recently contacted by a former client of mine because she attended a seminar with WCAP and signed up with them by giving them a credit card to charge $500 for signing up but before the 3 day right to cancel expired she wanted to ask me about them and if they were legit she wanted to use me as her realtor to help identify properties to flip and then she forwarded to me the email they had sent her which stated they were ready to get started. 

Also given theat you have only 6 months, did you already identify and have in contract for your next purchases before you marketed your appt unit?  

It doesn't seem that the above formula lends itself well to determining what the future value of an apartment building would be after 5 years of rent increases....ETA: I found this article on the web that seems to agree with me that you must look at comparable sales when identifying what cap rate to use on the property when you go to sell.

I was wondering how you identified the deal?

Identified family’s objections and issues and tried to overcome every one of them using myself to sacrifice time, etc for a solution…to be shut down.

Hiring a monthly service is actually setting you up to be gouged - the company has no incentive to SOLVE the problem if they can keep getting paid monthly.A good pest company should be able to identify most of the entry points, so a handyman can address them.

Best practice for someone like me who doesn’t have the knowledge to identify deficiencies with great accuracy would be to hire a knowledgeable home inspector to take a really detailed look at the property.