Build in some safety and padding in your numbers and you should be alright.

On Zillow and Hot Pads, my home came up for sale.

Numbers of a joint venture with sellerThis usually works best when sellers already tried to sell with an agent so it's an expired listingUse a yellow pad and draw three columnsFirst column is selling with an agent and paying the cost to sell 6% commissions, 2% closing costs, 3 to 6% sellers concessions, One to four months P ITI and maintenance if you price a house wrong, Costs to repair to compete with all the other houses in that sales bracketAdd up all those costs and it's usually between 12 to 14% of value of the house---Next column is selling to a real estate investor70% of ARV or after repair value minus repair costs minus wholesalers feeDo that math on their house and see how pissed off the seller guess they see such a ****** offer---The third column is where you do a joint venture with the seller, you can't do this call them unless you know repair costsTake 10% of value and subtracted from after repair value for sales costs, commissions closing costs etc.Subtract repair costs from that figureNow you're probably thinking I don't have the repair costs, well you should be looking for private money as well as looking for motivated sellersGoogle "private lending Brian Gibbons"Let's say you have a private lender money to do the rehabAdd 10% of rehab costs for the private lender for interestThen you need a jv feeI charge 5 to 10% of ARV---When do you try to negotiate a joint venture with the seller?

Mentors PCB is PADS

Felt padding on bottom of furniture more important than pups on floor, for me anyway. 

I conservatively padded the utilities by 10% from 2013.List Price $260,000Discount(%,$) 8% $20,800Purchase Price (Max Offer) $239,200Percent Down 25%Down Payment Amount $59,800Amount Financed $179,400Interest Rate 4.60%Costs of Repairs (Make Ready): $10,000Length of Mortgage (Years) 30Monthly Mortgage Payment $919.68 Annually $11,036.21Gross Rental Income $3,700.00 Annually $44,400.00Vacancy Rate 5%Net Rental Income $3,515.00 Annually $42,180.00ExpensesMaintenance Reserve Monthly $83.33 Annually $1,000.00Utilities Monthly $625.00 Annually $7,500PropertyTaxes Monthly $650.00 Annually $7,800.00Insurance Monthly $154.92 Annually $1,859.00Other (HOA fees, Lawn Care, Trash, etc) Monthly $133.33 Annually $1,600.00Total Expenses Monthly $1,646.58 Annually $19,759.00Net Operating Income $1,868.42 Annually $22,421.00Mortgage Payment $919.68 Annually $11,036.21Total Cash In (Downpayment + Repairs) $69,800.00Net Cash Flow $948.73 Annually $11,384.79Cap Rate: 9.4%Cash on Cash Return: 16.3%

In fact my friend said that the lady in Safety Harbor with two big houses, sleeps in the one that is currently empty as her rotating crash pad.

Pad mapper sources data directly from craigslist and other rental sites and put them onto a map and allow you to sort by price, location, etc.

Go slow always take measurements to make sure your straight and squareAlso get some quality knee pads and enjoy!

He gave permission to search his pad, but forgot to remove everything when he left, so we found a necklace.