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what is the 70% formula? how can i find out the accurate numbers?
16 December 2017 | 49 replies
Quick example of 70%.ARV is $125kNeeds $30k rehab125k x .7 = $87,50087,500 - 30,000 (rehab) = 57,500 max offer priceThe 70% rule really just is a guide to ensure you are getting a deal on the buy.
Cody Bain
22 y/o Active Duty, Buy or Rent in Pensacola, FL?
5 May 2018 | 26 replies
Try to find a property that will fall under the 1% rule (Rents = 1% of purchase price).
Ali Zantout
choosing between deal options and capital us in Kansas city, MO.
12 April 2018 | 4 replies
Does the property meet the 1% rule. Rent
Eddie Aviles
New Member from Skagit County
17 February 2018 | 10 replies
Otherwise if you're open to driving, there's a meetup at the Marysville Bob's burgers 2/26/18 @ 7PM.
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Wire Fraud Warning On Real Estate Deals
3 March 2018 | 7 replies
I will say on the phone ( and I know this is corny ) Hey is that an in and out burger across the street from you..
Gabe Hall
New Member from Woodinville, WA
15 March 2018 | 10 replies
The Cascadia Investors Alliance has their North-end meetup on the 4th Monday of every month (7Pm at the Bob's Burgers in Marysville, WA).
Nathaniel Anderson
Excited to get involved and meet some quality people!
20 April 2018 | 5 replies
@Nathaniel Anderson There's a meetup this Monday 4/23 @ 7pm at the Bob's burgers in Marysville.
Nina M.
Cannot decide where to buy, DFW, Indy, Atlanta or Charlotte?
29 March 2019 | 18 replies
It might be a small amount ( I do not know your liquidity and net worth, annual business or job income,etc.) but once things go bad your husband likely is going to get soured from doing investment for a long time.Remember it is not what you are paying but what you are getting for your money the QUALITY and not how CHEAP something is.I can go get a 3 dollar burger that tastes horrible.
Noelle Robinson
16 year old Interested in Real Estate
10 April 2018 | 21 replies
If it doesn't help you, then you're really just starting your investment career in tons of debt.I find, in most cases, a good mentor or investment group can provide so much more real world experience than many college courses can... so if you're going to spend the money, do it on a field that interests you... because you can be an investor AND be a doctor, lawyer, realtor, burger flipper, etc.