All Forum Posts by: Charles Marshall

I agree with @Charlie DiLisio.  Never buy under pressure.  Rent (although not preferable), is a good option.  Try to find a month to month or a six month if you can find it.

Welcome @Wendy Butler.  There are great resources here!

I agree with @Ann Bellamy in general. A target dollar-based profit is good, but depending on the size of the deal, the 70% rule (guideline) will likely provide a better cushion in case the property doesn't sell for ARV (or sold to a flipper who doesn't agree with your repair estimate). Just some thoughts. Thanks all!

@Francisco Feliz - doesn't the term "ARV" mean after repair costs? Why subtract another 10% of ARV (which I'm assuming is meant for your profit) which seems to duplicate your "Your preferred profit". Would you mind expanding?

@Bram Spiero - Great analysis.  It's nice to see those listed here.

@Paul Timmins It's on my calendar.  I was thinking about confirming it's still on.  Holiday Inn on Hingham Street near Home Depot?  6:30?

Great answer @Paul Timmins

@Chiquita Mcgill.  This community is watching your back.  And for no other personal reason other than to support other investors.

Welcome @Ryan Leshinski

Welcome @Katherine Robbins.

Welcome @Adam Shamus.  Alot of information is available here.  I've been listening to the podcasts which is much more than a primer to this industry, but more like a good in depth look at all things related to real estate investing.