For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker

@Carlos Rodriguez, hi.

Quote from @Frank Rodriguez: Quote from @Zachary Jensen: Hey Mike!

Quote from @Ricky Rodriguez: Me and my two buddies just jumped into real estate investment and are thinking of trying out a house hacking strategy.

As long as the number work with the way it is now then there is no real need to rush this before closing since many municipalities are very slow on permitting as @Eduardo Rodriguez states. 

Quote from @Brian Rodriguez: Hey!

@Alexander Rodriguez - you get what you tolerate.  

Hey @Jeremias Rodriguez, it is a great area if you are OK with your home being hijacked by non paying guests.

@Aron Rodriguez If you place the property in service in 2022, you will be able to take bonus depreciation on eligible assets.

Hello everyone, my name is Manny Rodriguez.