What sets apart your everyday real estate investor from an investing expert? While novice investors are focused on cash flow only, veteran landlords focus on something worth much, much more. Thankfully, even if you’re just getting started on your investing journey, you don’t have to go through the hard work that experts like Dave Meyer and J Scott went through. Instead, you can hear their time-tested advice today, and grab their new book Real Estate by the Numbers! J, a techie turned master flipper has written numerous books on estimating rehab costs, calculating real estate deals, and recession-proof investing. Dave, our VP of Data and Analytics and host of On the Market, has been head-down in housing market data for the past decade. These two real estate investing juggernauts combined their knowledge to write a book that lets every investor, no matter their skill level, find better deals, calculate profits smarter, and build wealth faster. In this episode, we talk about calculating cash flow, ROI, and other metrics that may, or may not, matter as much as you’d think. You’ll hear how these two experts use much more than the numbers to define which deals are worth buying. After this episode, you may look at your portfolio differently, or even think about selling some of the properties you thought were “winners” before! In This Episode We Cover:The math behind the real estate deal and which metrics matter more than mostCalculating which properties work best for your portfolio Defining your “buy box” and using it to filter through deals so you can build wealth fasterWhy your property’s ROI (return on investment) might be even better than you thinkHow to start thinking like an investing expert and the lump sum vs. cash flow debate Understanding the time value of money and how it’ll make you richer quicker And So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterHere’s Why You Should Consider Investing in Senior LivingShould You Invest In Senior Housing (And Is Now the Right Time)?Genworth’s Cost of Care SurveyBiggerPockets CalculatorsBook Mentioned in the Show:Real Estate by the Numbers by Dave Meyer & J Scott and Use Code “DAVE” or “JSCOTT” for 10% OffConnect with Dave & J:J's BiggerPockets ProfileJ's WebsiteDave's BiggerPockets ProfileDave's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-673Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.