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All Forum Posts by: Donovan Lee

Donovan Lee has started 1 posts and replied 5 times.

Post: DEALING WITH PROPERTY

Donovan LeePosted
  • Houston, TX
  • Posts 5
  • Votes 0

I had featured that was the same while I done was Negative and positive adjusted value. Do I add all the adjusted value rather it's an negative or positive adjusted value?

Post: DEALING WITH PROPERTY

Donovan LeePosted
  • Houston, TX
  • Posts 5
  • Votes 0

okay thank you for that... i'm working with an agent right now. She sent me a property with my CMA. I'm having problems still adjusting the value from my comps to my subject property. I just sent my agent my offer to give to seller to hear that my offer was a joke. I really need a better breakdown with adjusted value from comps to subject property.

Post: DEALING WITH PROPERTY

Donovan LeePosted
  • Houston, TX
  • Posts 5
  • Votes 0

I have one more concern.... Do I plug in my loan, holding cost,  resale fee, into the formula after I've adjusted it to my comps? 

Post: DEALING WITH PROPERTY

Donovan LeePosted
  • Houston, TX
  • Posts 5
  • Votes 0

thank you so much. 

Post: DEALING WITH PROPERTY

Donovan LeePosted
  • Houston, TX
  • Posts 5
  • Votes 0

I'm currently seeking out help. To help me understand step by step how to determine my Arv on a property i'm currently looking at for a possible great deal, as well as coming up with cost I can offer on the property.... I have all my comps, and other info needed to come up with the Mao formula. I'm a newbie wholesaler and looking forward to close on this first deal. 

Thank everybody for your time.