CAN OTHER DALLAS OR DFW TEXANS HELP ME OUT PLEASE!!!

[Marina Caruth]

I feel a tad bit lost, can someone please help me out?
See I've been following this formula, but I've been told time and time again that my offers are too low, am I taking off too much here, can someone please help me!!!
Formula + Example:

ARV 100,000

x.70 

-repair costs 

-my fee. 

Is 70% too high for the Dallas and DFW area, can someone please help me!?

Is taking 70% too high for the Dallas Fort Worth area, and how do I calculate how much to take off each time even if I'm in a different area or even a completely different state, I usually take off about 70%, if I feel like the situation might call for a bit of flexibility I may go up or down by 5%

[Travis Lemley]

Your math is right and that is the formula. The most likely reason for the no's is that other wholesalers are offering more. It makes selling the property a little more challenging but the buyers in DFW now are hungry and buying at 75%-80% of ARV with repair cost. Especially properties that are good for rentals because they don't need instant equity to cash flow. The equity comes in appreciation over time with the tenant paying the mortgage. Some of those buyers are going as high as 90% on the right neighborhoods. Stick to it and you'll start to see it pay off.