Property Analysis Calculation Help

Comments(17)

• 
  RonInAZ19th March, 2005

  Wow. Outstanding.

• 
  JRendell19th March, 2005

  NewKidinTown2,
  
  Very informative. Thank you very much. I just went to Borders and picked up the book, "What every Real Estate investor needs to know about cash flow by Frank Gallinelli". Seems like a pretty good book on explaining calculations. Thanks for the reply.

• 
  robh221st March, 2005

  JRendell--
  
  Where did you get it, or could you you email me a copy?
  
  Thanks.

• 
  JRendell21st March, 2005

  robh2,
  
  I purchased the book from Borders. I had to go on the internet and hunt for it by calling different stores. It was only $20 and from reading it besides another book I am reading, seems very informative. I would recommend it. I wish I would have read this book months ago.

• 
  mark102810th May, 2005

  what do you mean by 2k houses?

• 
  icarus3310th May, 2005

  At a RE meeting I attended a couple of weeks ago, a broker stated that there were currently 0.4 houses per agent in the ABQ area. He was stating there were just over 1500 homes on the MLS. A realtor friend of mine was saying it was closer to 2000 homes listed.
  
  ic

• 
  mark102810th May, 2005

  thanks for clarifying..........

• 
  ryand13th April, 2005

  interesting,
  i had one of those guys call me to but he asked me how i liked the course and i told him i havent even looked at it and he asked me why i would buy something and not look at it. i told him it was non of his business and hung up

• 
  BABYBULL2413th April, 2005

  In my investigation evidently they have inexperienced telemarketers call people trying to get them to buy this program. The program deals with internet auctions - read one guy payed 6k for the program and he stated that the auction price for a property may start at 2k but the auction is so crowded that the sale price invariably gets sold at full price.
  
  Another informercial to stay away from is WIZETRADE - 3k for the software for information you can access for free!

• 
  Conrad8511th May, 2005

  Wow it is funny that you posted this because i ordered the program awhile ago also because of the cheap price and talk about getting what you paid for. The John Beck program is a scam. I made phone calls and visited websites in the books and came up with nothing unhelpful govt. workers. Any way i just joined today and i am a very ambitious newbie from the Toms River area in Ocean County and you are one of the few members i have seen from Jersey. Maybe you could write me back and we could see if we can help each other at all. Hope to hear from you soon.

• 
  joel10th May, 2005

  Moved

• 
  ray_higdon11th May, 2005

  You can absolutely start with 30k, some start with none and have to build it. Start building your team now, find a good mortgage broker, realtor(s) and join your local real estate investment club.
  [addsig]

• 
  joecrane7th May, 2005

  Wow! What a story.
  
  Although I normally depsise them and think they are more dishonest than Mayor Quimby, a business broker may be the way to go. They will sell the business and take part of the profit. Get a good book on using business brokers though.

• 
  handoverfist7th May, 2005

  Forgive me for asking but are you being serious ? I have never heard of a business broker, nor have I ever seen any books on business brokers. This is obviously very close and dear to me as it was a personal project, and what I would like help in doing is finding investors or current mortgage company owners looking to expand DOES ANYONE HAVE ANY SUGGESTIONS AS FAR AS FINDING A POSSIBLE SUITER (INVESTOR/CURRENT OWNER) ?
  
  
  Quote:
  On 2005-05-07 07:53, joecrane wrote:
  Wow! What a story.
  
  Although I normally depsise them and think they are more dishonest than Mayor Quimby, a business broker may be the way to go. They will sell the business and take part of the profit. Get a good book on using business brokers though.

• 
  joecrane8th May, 2005

  [quote]
  On 2005-05-07 12:14, handoverfist wrote:
  Forgive me for asking but are you being serious ? I have never heard of a business broker, nor have I ever seen any books on business brokers. This is obviously very close and dear to me as it was a personal project, and what I would like help in doing is finding investors or current mortgage company owners looking to expand DOES ANYONE HAVE ANY SUGGESTIONS AS FAR AS FINDING A POSSIBLE SUITER (INVESTOR/CURRENT OWNER) ?
  
  
  [quote]
  
  I am very serious. Business brokers sell businesses not just REI. They market it for you and actively sell it fo you and take a piece of the action.
  
  I was serious also about being careful with the guys. I only recommend it since you want to get rid of it quick.

• 
  joecrane10th May, 2005

  I just did a Google search for "business broker" and found lots of options. As far as being safe, there are books out there to help you do that.
  
  I wrote business plans for companies that needed financing. I just know that more people paid more money than they should have (both on the buying and selling end) a lot of the time.

• 
  handoverfist11th May, 2005

  Joe, do you still or would you consider writing business plans ? If so how should I go about contacting you?