Look for demographics such as median income and crime rate and utilize tools such as the Rental Calculator here on BP.

However, I will not stop wholesaling until I feel I fully sharpened the tool of wholesaling for further use.

., how close to the prop you are valuing. write down 6 or so if possible, don't count the highest and lowest, add up what's left and divide by that # to come up with an average price per sq ftlAlso need to look close at ones that have been fixed up, difinitely not a cut and dry process, but another tool.

While a real estate model is only as good as the assumptions behind it, with practice they can become hugely powerful and an additional tool to add to your arsenal.

and also....My friend is game for getting out from under the house he want to help me work with the bank..his wife wants to stay in it until they come take the doors off...she just had one of the bathrooms remodeled...not the sharpest tool in the shed....but, what's the best way to approach the bank?

Otherwise, you've got all the tools to show pics, etc. through BP.Here's the post . . . please continue the conversation there:http://www.biggerpockets.com/forums/53/topics/35907-45-roi-historic-rehab

So I sat down, wrote an algorithm and software with an engineer and now the tool runs so smoothly we have a VA overseas do the reports on every deal in-house.This is helpful for our acquisitions team because the homeowners are always appreciative that we did our "homework" before we called them.Now we don't chance down Realtors and call our sellers back 3 days later.

But when presented as a reward for a specific act we want to encourage, the tenant is more likely to continue doing whatever you are rewarding her for.Gift cards can be an important tool when training tenants and reinforcing good behavior (e.g. reporting a repair promptly, even when the damaged item does not impact the tenant's comfort).This is certainly not to demean tenants -- after all, everyone's been one at some point -- but we can draw many landlording lessons from the training of dogs.

That little tool is nice to have on hand.

They can also be a great marketing tool down the line if we take on private money.