You could plot a graph of $/SF and $/BR but at the end of the day there is no set formula because supply and demand plays a factor.In general…the 3rd BR will add value, but since the total square footage is the same, it won't capture ALL of the value and it depends on your market. ie. the 3rd BR would be a plus to families, college students, but a minus to childless working professionals.You could triangulate rent prices from different angles and find an average.

Going back to college has definitely made me rethink my thought patterns and behaviors concerning money.I like learning about opportunities I never was aware of before.

I finished college recently and have a decent income and very little expenses since I am still living at home.

I like the fact that when I do commercial deals I know what is going on with a transaction and do not have to worry about an agent not telling me something and cleaning up a mess of epic proportions.There were a few good agents but I didn't want to mess with residential on any level.

But for how big this operation appears (from their national level ESPremier product) you would think they would have a "Deals Funded" page itemizing their $50M in deals.

My .02$As a experienced wholesaler, Im not sure your concerns are necessary.To ThomasThere are other expenses like marketing,buying leads, my phone, paper, ink, internet service, etc. etc. but all these things are just tallied up as cost of doing business.I use the same formula as above but sometimes I use .65 depending on the motivation level of the seller.Taxes are pro rated at closing, I dont buy any insurance (why would you?)

Aaron,Rarely do agents make money in their first year above poverty level.

Yes, on a national level, SFHs are nearly 5.5x family income.

Hey all, I'm a relatively new investor in the State College, PA area (home of Penn State).

Some you might do well to go to a local college/university to view.http://scholar.google.com/scholar?