in his video he says he wants properties that are listed for 100,000 + that's all he will deal with. you have 2,000 into him for the program, lets say you find a house for 100,000, he jumps in and negotiates for 75,000 purchase, now you have to put down 20% and carry the loan ( 15,000) + (60,000@ 4% for 30 years= 286 / m ) say it takes 2 months for a buyer and you sell it at 120,000. the property just made $55,000. your original closing costs are 3000 when you bought the house, when you sell lets just say the realtor is 6% commission ($7200). now i don't know if he subtracts those costs on his end or just the original margin, i will assume its the original margin so 55,000 @ 50%, he gets $27,500 for him and the same for you. not too bad, but now you have to deduct your closing, holding ( insurance, taxes, etc for those two months) and realtor fees) so 27,500 - 3000 - 7200 - 572 = 16,728 - ( taxes and insurance etc.) so now that 15,000 you put down is a total gain of nothing, you made him 27,500 but you have no gain at all, you just get your 15,000 back.

I tend to be very cautious with my analysis of properties by taking 26% off the top to cover repairs, vacancy, CE, and management so cash flow for me comes into play after taking away 26% and then subtracting the monthly mortgage payment.

Can be fixed through creative dampering, adding or subtracting vents, adding or subtracting intakes, in-line fans in worst case scenario.4.

I also would subtract a 100 or so from the calculation as gift to yourself since you will live there.

In subtraction, expenses for platform fees, capex/maintenance/supplies and 6 months reserves.

Also don't forget to subtract the debt on the deal.Let me know if you would like a tracker sheet.

I'm sending you a PM.But for anybody who reads this, the long and short of it is: you can househack a house, a duplex, a triplex, or a fourplex.The key financial metric is to subtract rental income from PITI and expenses to see how cheaply you can live while earning equity in principal paydown and appreciation.Research the FHA loan: it's your best friend when you're househacking.

What I don’t get is why you subtracted the 75,240 and what that had to do with either the expenses or the NOI, which by my numbers should be 65,450.Please help to provide clarity.

His comment is that I should just subtract the fee I get hit with off my offer price. 

www.realtor.com for average retail value.For a distressed property, start with average retail, then subtract the rehab cost then your desired rehab profit, and some extra for errors, and you have the purchase price.