Excel Template Helps Analyze Properties

Andy Monson, a veteran of the Bus Tour and a regular contributor to the Facebook Bus Tour group, recently posted about a spreadsheet template he created to help evaluate properties.

He was kind enough to share it with us. If you want to download a copy, click here.

Here’s the note Andy sent when he forwarded the template:

Hey Everyone,

Here is the Profit Analysis spreadsheet I posted on the Bus Tour page. Any questions, let me know. I’ve tried to notate it a little so you’ll know exactly where to plug in the #’s, etc. Also, notice the color coded key at the bottom to tell you what to put in each field. Some stuff you might need to change, for example if your realtor fee is more more than 5% when selling the home. Any questions though, let me know.

Thanks,

Andy M.

Post your thanks to Andy in the “leave a reply” section below:

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Infographic: The Rental Market

Recent reports from both public agencies and private companies have highlighted the dramatic growth in the market for rental properties since the end of the housing boom.

Between the supply of houses and the demand for rentals, real estate investors have a significant chance today to establish themselves in buy-and-hold investments for the long term.

Here’s a visual look at the trends. Let us know what you think in the “Leave a Reply” box at the bottom of the page.

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Improving Markets Index Grows to 101 Cities

The list of housing markets showing improvement in three statistical areas grew to 101 in April.

Thirty-four states and the District of Columbia are represented by at least one city in the National Association of Home Builders’ Improving Markets Index list, which identifies areas that have shown growth from troughs in housing permits, employment and house prices for at least six consecutive months.

Eleven markets dropped from the list and 13 were added, among them Rome, Ga.; Coeur d’Alene, Idaho; Greenville, N.C.; Brownsville, Texas; St. George, Utah; and Huntington, W.Va. The list now totals 101 cities.

“While housing markets across the country continue to struggle under the weight of overly tight lending conditions and other challenges, the April IMI indicates that at least 101 individual metros are showing measurable and consistent signs that they are headed in the right direction,” said Barry Rutenberg, the association’s chairman.

Here are the states and cities represented in the index this month:

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Bus Tour: A Surprise Visit

It doesn’t take long for students to get into the the bus-vs.-bus competition at the Armando Montelongo VIP Bus Tour.

The latest was no exception, although the green bus took it to a new level. Using a connection, the group lined up Sen Dog from L.A.-based Cypress Hill to appear on Saturday night, clinching the competition almost 20 hours earlier than normal.

Thanks to some great work from our Hi Def team, here are some highlights of Sen Dog’s appearance:

What do you think? A pretty remarkable feat to pull off in just one afternoon, huh? Let us know what you think below:

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Bus Tour: Starting a New Life

A student from the Armando Montelongo VIP Bus Tour in March confesses that she was ready to start a new life and a new career after 25 years of hard work as a nurse.

She and her son went through what she calls a “life-changing event,” and they plan to get started as soon as possible.

Here is her thank-you video:

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