All Forum Posts by: Donald Kellogg

Send me a PM I have 3 for you 

Welcome! Great learning platform !

@Jameson Hooton its legit question although many don’t agree. It’s kind of like the general population flipping / wholesaling / renting homes etc. and we see the checks and the profits stated but almost always the answer to what someone made is before taxes. Same goes when someone asks what the average profit per door is. Get down to the nuts and bolts of any PNL and you will see what we/investors say we make and the real dollar figure are different almost always lower.

@Sam Grooms will take into consideration. Appreciate it. 

@Sam Grooms sincerely appreciate the feedback and overview will take all into consideration. dk 

@Sam Grooms thank you for the feedback and critique I have not mastered the calculators here yet. Current leases produce 2300 a month on a 335K purchase. Average leases in the area based off comps are in the 890-925 range for like units I have used 800 (3200 monthly) to be consersative but could possible raise them to market once we update each unit to todays standards. It will take about 6-8 months to do so with my renovation crew. Using the 50% rule for expenses your suggesting 1600 a month in expenses?.......dk

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*This link comes directly from our calculators, based on information input by the member who posted.

David I sent you a recommended agent I have used the past 2 years with success.

Don

Check your in box I just sent over a few for you to look at.

dk

The entire West valley is growing at a very fast pace and this inlcudes Avondale. The numbers don't look like they PCF but you can offer less and see if the seller accepts.