I have to come up with an offer for a bi level house with tenants. monthly rent is $1800. There are no recent similar comps. Except there was a bi level similar house comp sold for 188k in 2022. is that too far back? Also, for a buy and hold do we use the 1 % rule -10/15% ??after that do we minus profit?

What’s going on fam. How many of y’all are dialing on Sundays?

Hey everyone! I just wanted to come on here an show love and appreciate to Earon and Ciara! And everyone else! We had a amazing time at the mastermind great vibes and a pleasure meeting everyone and networking 💪🏽, my team for sure had a mindset breakthrough thanks to the amazing leaders and community members in the room💯💯 Much love 🙏🏽

Im getting a lot of leads in rental markets and need to learn how to analyze these better. I realize cash on cash and cash flow are the big elements to consider instead of ARV/ rehab etc. I’m wondering what all you guys consider when analyzing what you should pay for a rental property and how you land at that price. Is cash on cash more important or cash flow? Right now im just determining what the rent would be, subtracting the PITI for a 30 year 7.5% loan from that rent (assuming all landlords buy with a loan), subtracting the 5% repairs/ maintenance, 5% vacancy, 10% capex, & 10% management fees —> cash flow. And if they need to rehab it a little to get rent ready, factoring that + purchase price + all closing fees to get the cash on cash. Not sure what the cash flow &/or cash on cash need to be to be considered a deal that wouldn’t have trouble getting assigned within a couple months.

Hi guys, who are you guys using for national flat fee MLS service?