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13 February 2014 | 8 replies
It was time to rearrange my financial outlook on life.Fortunately the owner of the property who happens to be family decided to sell them the land owner financed.
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11 April 2014 | 7 replies
Without breaking the bank and re arranging everything I don't think so.
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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.
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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.
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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.
18 December 2020 | 11 replies
I said that that rearranging our house for her convenience was not an option.
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15 December 2020 | 13 replies
Even if you have a camera, people will make a mess or rearrange things.
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27 January 2022 | 36 replies
Not Saturday best for me after dark but I may be able to rearrange things.
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19 December 2020 | 4 replies
When we first did our STRs, tenants would rearrange the furniture.
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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