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	Podcast:		All Real Estate All the Time
	Episode:		All Real Estate 042: How Do We Choose?
	Category:		Business
	Duration:		00:11:22
	Publish Date:		2017-03-22 08:00:00
	Description:		In houses I have a formula. Now a lot of times in land I have a formula too. We have spreadsheets. You've got a huge Excel spreadsheet that we have to go through every time we make an apartment deal, but for the most part in houses and land I've got one formula that we go by...what is about this house that I can use that I can make money on that I can help you that I can help so I can help the buyer too? When I teach other people to start buying houses and investing in real estate, it's important to know what your payoff is. To know if you're underwater or not, to know if there's equity built up, to know if there's a second mortgage. That's important stuff to know. It's also important to know what the payment is.
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