I believe in Ch 9 of his course he talks about a ‘financial analysis’ worksheet, and he has an example. Other buy-and-hold gurus use the same worksheet, such as Robert Allen in his ‘Nothing Down for the 90s’.’
Sheets says I believe that his ‘Cash Flow’ which is the entry at the bottom of that chart, should be at least 1% of what you bought it for. That is your net spendable income after all planned expenses. I think you should even aim for more. I beileve other gurus say you should have more.
they call themselves Real Estate Ventures Inc. They filed their corporation in 2002 in CA. Ad blurb is “not a seminar but business opportunity”. Please post if you know anything or email me. Nothing on these guys on BBB.org
Posted by Michael Won on March 07, 2003 at 03:15:46:
I studied Carleton Sheets book. But I was wondering whether his method can be used in Southern California. Because the house prices are unusually high. Carleton says that I should get at least 1 percent of what i pay for the property to be able to get spendable cash flow. Can anybody explain it to me? I appreciate it!