Low self-esteem begins at home and also translates into poor grades and deliquency.

$1500 in monthly gross translated into $750 in NOI.

Similarly, letting a buyer go without trying the best to make a deal happen can result in longer hold times, which translaters into lower ROI.4.

As an investor and a business owner, I know that I will do quite well, but there are many needless people that will suffer and no relief in sight.My concern is creating greater difficulties when it is already tough for businesses which translates into fewer jobs and less innovation.

I've ran the numbers 3 or 4 times on this deal, and this is what I come up with:Purchase price: $65,000Down payment: $10,000ARV: $109,000Buying cost: $975 (1.5% ARV)Holding cost: $975 (1.5% ARV)Cost of Money: $2,859Selling Cost: $7,085 (6.5% ARV)Budget repair cost: $13,650Loan terms:13.99% @ 6 monthsMonthly rate: 1.17%Total cost of interest per month: $800.34Total cost of money (based on 3.5 months): $2,859.72Which translates to...ARV: $109,000Less Improvement Cost: $13,650Less Quiet Cost: $11,894Less Minimum Profit: $13,239Equals Maximum Offer Amount: $70,215Hope these numbers add up right.

Rather it assumes you'll have some nominal vacancy like a couple of weeks or a month for a turn over, a nominal amount of routine maintenance (which is mostly caused by tenants, not the property, so being rehabbed doesn't translate into no maintenance), property management (which you can earn back if you do it yourself, but which you will earn), etc.

As I will translate and incorporate into my contracts too. 1) Tracey what do you do if the tenant wants to have the rooms painted, just as an example, because they say it's moldy?

(if you can speak their language or find a useful translator)Section 8 tenants do not have to live in war zones.

That translates to higher expenses for you in the long run, not to mention you have to worry about vandalism and destruction when you are remodeling or they are vacant.

Now that doesn't necessarily translate in to being a success as you still need to execute the plan but at least you are off on the right path.