Ignore the listing price except as a guide for the likelihood of getting an accepted offer.In this case, since you mention ARV and not rent, I assume you mean a fix and flip

So the key it to always be looking over your shoulder, do not ignore any red flags, do not become friends with each other, and no matter how much experience you have in the business, keep your eyes wide open!

You will be losing a ton each month.Rent: $4070/monthExpenses: $2035/month (50% rule, search and read)NOI: $2035/monthPayment: $3602/month ($570K, 6.5%, 30 year)Cash flow: -$1568Even putting in $100K and ignoring closing costs, you're still in the hole $935/month.

Expenses are almost always ignored in the "rent" vs.

I feel I have enough knowledge to begin transactions.After all, "Ignorance on fire is better than knowledge on ice!"

He's nearly completely ignorant on every topic-- let alone economics and how economies grow.

:wink: You keep asking this but you completely ignore the fact Obama is not a uniter...http://www.foxnews.com/story/0,2933,446291,00.htmlConvince your own party leaders to be open minded and work with others before claiming we don't reach across the isle.

They countered at $51K and I kind of ignored it.About 6 weeks later the agent called me, turns out the sale they had had fallen apart at the last minute.

All Cash is always 100% on point with his posts, anyone that ignores his advice is a retard.

If i pick up my phone Im ignoring the person im with currently.