Would I be making a mistake paying the $997 for the Bnb formula?

Using a formula you can multiply the cost of repair per sq feet by sq footage of the house and you will get a rough estimate of the repair costs.

And the death-song has been the moment any accountability crops up for such a consumerism, the laser focus of protecting the consumer economy means blame Blame BLAME someone, something ANYTHING else for the falter because we "need" the consumerism...... 

the HGTV formula is: sales price minus rehab minus purchase = profits. 

Sure there are some without money the brokers and agent starting out that have integrity but odds generally better with those brokers and agents that do not need the money to survive.I just do not see someone saving up 5 or 10 million to invest and then having a computer spitting out a formula telling them what to do.

Hi everyone,I am a small STR investor and in the past few years I have been investing in both stocks and real estatewith COC returns of about 20% for the past 3 years.I am considering diversifying my portfolio with LTR and I know that returns there are going to be a lot smaller.So I was curious to know if there was a rough formula that could include mortgage paydown, tax advantages, and estimated appreciationto be able to compare apples with apples.I am only familiar with Cashflow, CoC, Cap Ex, and IRR.

A quick common formula is 70% ARV minus repairs.

If you only follow Andrew's formula you will SUCCEED! 

They don't understand the math behind any type of financial formula, so they have no idea how to make adjustments to it that allow the deal to work in their favor.I think a big part of this is the generation we live in/with, that is looking for instant gratification. 

Or is there some other formula to get my MAO when dealing with pre foreclosures?