All Forum Posts by: Jason Lawrence

Is this still available?

Is this listed on the MLS?

@David Bardwell All the properties I’m evaluating seem to be way off on cash flow. They are all priced at least $50k too high? Is this common?

I was wondering what percentage people are using for vacancy, repairs, capex, and management fees when using the rental property calculator to evaluate deals. I have been using 5%, 5%, 5%, and 8%. I didn't know if this was too high, it seems like others may be using less. Any feedback would be much appreciated. Thanks, Jason

Thanks for the input.

Ha! I just figured it out. I haven't seen the property so I'm not sure if I will be able to raise the ARV yet. Just trying to get comfortable using the calculator

What am I dong wrong here. Why are my expenses so high? First time using the calculator. 

UPDATE: I did figure out that my interest was way too high. 

View report

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

@Paul DeSilva Congrats Paul. Love the success story! Thanks for sharing!

Thanks Jay. I have a bad feeling about it. Feel like they make a business off of taking 3k from as many people as possible.

I was wondering if anyone had experience with a company called dohardmoney.com I am considering using them to do my first flip to get my feet wet and gat the ball rolling. Any advice would be much appreciated.