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Results (506)
John Bouter NEED HELP ASAP
9 April 2013 | 21 replies
Here's the formula I use for flip analysis:Max Purchase = ARV - Rehab - Fixed Costs - Desired ProfitIf you already have your Purchase Price defined, you can rearrange to determine your Profit potential:Profit = ARV - Rehab - Fixed Costs - Purchase PriceIn the case of your flip deal, you have:ARV = $65,000 (always use the conservative side of the range)Rehab Costs = $30,000Purchase Price = $12,500And, in general, I use 10% of the ARV to determine Fixed Costs (commissions, concessions, closing costs, holding costs, fee, etc), not including any loan costs.
Arthur Banks Rehabvaluator
24 April 2014 | 5 replies
I don't know anything about the software, but when it comes to analyzing rehab deals, it's as basic as the following formula:Profit = ARV - Purchase Price - Rehab Costs - Fixed CostsIf you know 4 of the 5 variables, you can rearrange the formula to determine the other one (for example, to know your max offer, your max rehab budget, etc).My guess is that this software (or any software that allows you to analyze a rehab deal) basically just puts a user interface around that formula, and spits out some additional ROI metrics on top of it.It's nothing you can't do in Excel or on the back of a napkin.
Jake Roland Deal That Got Me Started - Live In BRRRR
14 November 2020 | 1 reply
Rearranged a laundry room to make another full bathroom/laundry combo to make the house a 3/2 instead of a 3/1.
Jason W. Dealing with tenants and management company
18 December 2020 | 11 replies
I said that that rearranging our house for her convenience was not an option.
Nicholas A. Camera in Common Area
15 December 2020 | 13 replies
Even if you have a camera, people will make a mess or rearrange things.
Kyle Black Looking to build a Mastermind Group in Maine
27 January 2022 | 36 replies
Not Saturday best for me after dark but I may be able to rearrange things.
Leon Lee How to arrange furniture for a small condo with a mirror wall
19 December 2020 | 4 replies
When we first did our STRs, tenants would rearrange the furniture. 
Luke Weber Formulas don't work, every deal is different
1 December 2020 | 18 replies
However, to maximize each deal, the REI that understands how to rearrange all the variables, constants, signs, ets... found on the left side of the formula (without changing the answer on the right side), wins...as long as that REI stays on the left side.4 + 4, 2 * 4, (6 * 4)/3, {(4^3)/16}*2, (8 * 12) - {(4 * 4 * 5) + (2^3)}...all equal the same thing...8
Curt Bixel Kitchen Cabinet Quality
24 January 2021 | 7 replies
I'm not trying to be disrespectful but I say "GO" with your gut and installed nice kitchen furnishings, (and see what happens), and "IF" your nice kitchen furnishings are destroyed then he/they is/are to be held accountable, (and ask for strong security deposit),I remember when I was hired for JcPenney and it's JcPenney Store Manager walked through lamp section (where I was working and dusting and re-arranging lamps) and said to me that I had belong in "Fine Jewelry" Department and moved me into "Fine Jewelry" Department (where I was required me to hold keys for "Fine Jewelry" Department)...This had lead me to seeing video of how person is "Judge/Misjudge"...In video 2 different men (at separate times) walked into "Fine Jewelry" Department,In 1st video the man was professionally dressed and it's "Fine Jewelry" Department Rep was eager to help him (later she learned he didn't have any money and he walked out) and he didn't say "Thank You",Then....In 2nd video the man was homelessly dressed and it's "Fine Jewelry" Department Rep wasn't eager to help him (later she had learned he was millionaire who did have money, and never approach him (and she lost sale)) and he did say "Thank You"...So moral of this comment is: "Just because property is in bad area doesn't mean tenant/tenants bad person/people..Let your property be different from other properties to give tenant/tenants a chances/chance of "Positive" hope"...Yet at the end of day you R "Final Decision Maker and I will respect your feelings..."
April Savoie Remetering electric and water from inside mf building to outside
28 January 2021 | 5 replies
He also said I’d have to rearrange the layout of apartments because there has to be a window to the open air per bedroom (which isn’t how the 2/1 or the 1/1 I saw is set up.