Evaluating the Three Most Common Back-of-the-Envelope Real Estate Calculations

I recommend anyone investing in real estate to do a thorough job of due diligence before and after getting a property under contract. And this involves doing a very detailed financial analysis too. If you are flipping a property, you should line out all the expenses to rehab, sell and close and make sure the profit is still sufficient. On the other hand, if you are buying an apartment, you should calculate the ROI (return on investment) and IRR (internal rate of return). But you don’t have enough time to do a detailed analysis of every property on the market…....