Does it exist? Is there a list of key metrics that Mustachians semi-agree are the right ones to look at?
I'm currently renting out our previous home, and I realize that is not always the perfect investment property. For now it got it rented with cash flow with a stable multi-year tenant with positive cash flow. I'm interested in retro-reviewing the rent I am getting to see if it is even close to a property I should buy for an investment.
Currently picked up 2 years to a Million and Building Wealth One House at a Time, and thanks to a bought of strep had a little extra time to start reading. The calculations Martinez is using seem valid, but do you recommend starting a spreadsheet from scratch? I'm sure there are some available for purchase but is there one here that is passed around?
I'm hoping to begin purchasing later this year or early in the next. I've touched base with a local wholesaler, but want to be prepared to evaluate the deals quickly so I can move on them appropriately.
Thanks for any help!