Rehabber's MPP = ARV - Repairs - Buying Costs - Holding Costs - Selling Costs - Financing Costs - ProfitMAO = Rehabber's MPP - Wholesaler's ProfitOften Rehabbers & Wholesalaers will use the 70% Rule to quickly evaluate a deal and then use the Max Purchase Price Formula to perform a more detailed analysis before the get the property under contract.

No ONE channel works all that well anymore in my opinion - direct mail plugged in with phone/text/email/follow up performs well.Dialing for dollars works well for financing, this opens the quickest door to building a relationship, and getting an appointment in person. 

This document must be signed by the owner and the contractor.3) All draw requests previously paid by the contractor must be supported by these items:a) material receipts marked PAIDb) paid receipts from construction personelc) Copy of cancelled checksd) unconditional labor and material releases4) Draws will be honored only if the inspector has verified that the labor has been performed and/or the above material has been installed or intergrated into the site.5) Only those draws for items within the amount stated on the cost breakdown will be honored.

This remedy is known as specific performance.

My best performing STR is right by the Phoenix airport.

Lender C said I would not be able to close it with a fresh new LLC because that LLC wouldn’t have had any performance to show or tax returns to present during underwriting, and the way that most of her borrowers go is to close with their name first and within an hour of the closing, create the LLC with the help of an attorney and transfer title right away (not sure if this is even possible!).

So if we sell the house with the above #s still in play, our approx. gain is $475,000 and we decide to perform a 1031 and the new property costs $475,000, what will we be paying in taxes.

Ignores financing since that can skew ROI.to calculate cap rate: take the net profit for the year (ignore financing costs like mortgage payments), divide that by price of the property.if a rental makes 6k and cost 100k, cap rate is 6%.its useful because a $1m property making only 6k per year would be a low performing asset, while a 100k house is doing fine.

Sale price: $380,000 QUALIFIED OPPORTUNITY ZONE PROJECT: We are currently under construction on this duplex (that is under contract) that will perform some great cash flow numbers in an appreciating area of Kissimmee, FL.

This was a good exercise in finding CORRECT info on the property and learning how the tax calculations are performed.