VA: Formula For Calculating the Profitability of a Rental Property
Jul 20th, 2007
(16 votes, average: 2.69 out of 5)
Loading ...Someone asked me what my formula is when calculating the profitability of a rental property, so I thought I’d post it. But before I do that, I just want to […]
Original post: Formula For Calculating the Profitability of a Rental Property
While they are really quite informative, V’s finance and/ or real estate posts bore the tits off me.
As long as her blog doesn’t solely become financial advice I still appreciate informative posts such as these every once in a while. Something to bookmark and look back at later perhaps.
What an idiot. One day she’s talking about examining her asshole, the next, giving us financial advice. How can you take someone like that seriously? Give me a break!! ROFLMAO!!
I’m well on my way to reading every entry in VA’s site and I can’t remember when I spent a better day. (No doubt she’ll pity me for that sentiment.)
Nothing she could *ever* write could bore the tits off me.
Sad as it may sound, I’m a fan. Thank msn.com for having that link.
She wasn’t posting this to entertain *you*, Carol. Someone asked her a question and she answered it.
You know, real life is eclectic like that. One day you’re looking for tapeworms, the next you’re buying an apartment building. For the record, my husband hated the tapeworms post, but was ecstatic about the real estate one. I happened to love them both (for different reasons, obviously).
The thing is, I don’t think I go to the internet to only read people who are identical to me. So I do expect to disagree with or dislike or be bored by a significant percentage of V’s posts. Wouldn’t it would be just a little bit creepy to like every single thing she ever wrote?
I’m waiting for instructions on how to rob a bank - that’s a more exciting way of being a parasite than owning property.
I’m still scarred from the worms post, but thankfully some less-than-shitty postings have filled that space. Seriously, this was not a very cool practical joke to play on us. I’m going to remember this shit. Dammit! Just when I thought…OK f#ck this train of thought.
This is actually pretty good stuff. Don’t bet the family farm on the numbers, but if you do you’ll make out better than 90% of the people who have been bragging to you about their real estate holdings. IO Liar Loan not getting refinanced? Watch me try to suppress my smug grin. The process is what’s important here, and this crazy chick looks like she has a handle on it.
This type of posting is what initially got me to visit, and the cheat-sheets on female psychology kept me coming back. Thanks for…something. I am completely beyond needing to live in my car, but I still occasionally think about it. More of this finance sh!t for the masses, and less retarded personal drama will keep me here.
Someone asks for “universal formula of everything that has been, is and will be” of course she will write her opinion about this. What amazes me is the actual counting.
Is it really that easy to calculate?
That’s again common sense (the formula) that should be known to all. I had math in my primary school. I can handle plus and minus calculation and make a formula like: Income - expenses = profit. Although this was more of income-(expenses+profit) = max. mortage per month.
I don’t know which is it. The person who asked the question is an idiot who cannot do simple math or if VA just gave a vague answer in general terms. I don’t believe real estate hustling is this easy. At least I won’t be buying myself a prison when I don’t know which country I’m gonna live in next year… And I don’t think my mad math skillz will be enough to count everything. (I still don’t believe it’s that easy.)
Anyone knows if the worm posting was anywhere high in digg, reddit, etc…? Just wanna know how dumb the readers are…
On the other hand, VA’s postings are full of statements that are common sense. People just doesn’t seem to get them. Maybe common sense is not that common after all.
All math is simple, once you have the basis. That’s the beauty of “logic” and mathematics. It builds on very simple principles. You should also notice she mentions the calculations of mortage by going to some website (which is still simple calculations, once you understand the concepts of interests/loans).
Its all really basic business calculations. And the key, isn’t the calculations, but the ability to find places that would meet her numbers, and “knowing” houses, just like how CEO’s are to “know” their business, and make decisions from that.
Also, the popularity of the worm posting, or anything deemed “stupid” doesn’t gauge the audience’s intelligence, it meerly gauges how easily they are entertained.
Common sense is becoming less common these days, as the emphasis on proper education is slowly deteriorated.