Brandon Hartsell
Valuing land in a flood plane for wholesale or new construction
19 April 2015 | 5 replies
Then, subtract all costs plus a profit for builder from ARV to determine potential wholesale price.
Shawn Walters
Buying Rental Properties
11 September 2012 | 11 replies
I also take average rents for similar houses in that neighborhood, look at DOM and subtract about $50 to arrive at my rent price.- 100/month for repairs and maintenance- Equivalent to one month's rent for vacancy/turnover etc- Insurance costs + 10%- HOA costs + 10%- Taxes + 10%- Management fees of about 9% of gross rent (fee will decrease with more properties)and after all expenses - (rent x 12 - expenses/ cash invested) my goal is about 6.5%.
Derek Taylor
Mortgage Correlation to Net Worth
18 November 2015 | 4 replies
Net worth is: What you own - what you owe.We add up the value of all our properties then subtract all the mortgages and come up with that portion of our net worth.
Michael Fundaro
How to Acquire a HUD Owned House
7 November 2015 | 7 replies
They were talking about pulling the mortgage info prior to foreclosure, using an amortization chart to calculate the profit the bank made in interest during the ownership, and subtracting that profit from the list price to get your starting offer.
Aaron Yates
Condo Comps?? HELP Please
26 July 2013 | 7 replies
It's something that I've seen agents and other investors subtract from the overall price as another way to analyze the deal.
Ryan Phillips
Wholesale
24 October 2018 | 6 replies
If it's out of the norm, I know to research further by actually opening up the email and looking at the listing.Once you have ARV - and I would suggest you always lean to the conservative side of that number - you then can take 70% of that for holding and costs and subtract out your estimated repair value and your fee to get what you - as a wholesaler - would attempt to get the property under contract for.
N/A N/A
Best place to invest?
23 July 2008 | 14 replies
Under you Tax (Savings) on Resale section, I noticed that you are subtracting the selling expenses from the sale price and then subracting the Adjusted Basis to calculate your capital gain.
Ryan Dossey
Thoughs on Direct Mail
16 September 2014 | 10 replies
For instance on a 240k home 65 % puts you at 156k before you subtract the cost of repairs....
Account Closed
Buy a SF home from family to rent
27 November 2012 | 4 replies
Start with the ARV and subtract the repairs to get its current value.
John Ellis
Cost of Investors Money?
1 August 2013 | 13 replies
So if you were to use a HML for 100% of the investment at 15%/4 pts, then on a 4 mth project that would subtract another $8-9K from your profit (considering all the loan fees as well), so you'd be left with $6-7K minus taxes.