All Forum Posts by: Toshia Booker-Blakeley

@ J Scott . Thank You, I agree, when I began to run figures it seemed the MPP calculation was just more reliable with a realistic snap shot of the bottom line. Then once you've allotted all cost, negotiating from that number with the seller made sense. 

@ Gerald thank you! I checked out your website. Good Stuff!

I am wondering how these 2 favor for new & seasoned investors. I personally like the MPP calculations because it seems as if you are allotting for  majority cost involved in a flip.... repairs, profit, holding & closing cost. However, I hear a lot of advice for new investors to use the .70% rule. 

I'm just curious to know which others are using and how it has worked for them. 

- Thanks

Toshia

Hey Ryan! Welcome!

Great advice Curt

Yes John I have been listening and reading all of this great information 

 Thank you! When is the next meet up?

I agree to find out the condition of the estate. Sometimes estates can carry debt. if the numbers work and the seller is motivated go for it!

Southside of Chicago

Thank you!