This formula (good school + dense population) worked well in Marietta, but I'm still figuring out the market in Charleston.

As long as I can anticipate those expenses (taxes or otherwise) from the outset and the formulas spit out a positive result before making a move -- I should not get too anxious about UDFI taxation - especially if it allows for leveraging, higher cash-on-cash, etc.Thanks!!

Sorry if this is you but I don't understand how a wholesaler can bring a deal nearly $100k OVER the "optimal formula" for a fix and flip (ARV * 70%- repairs= offer) on a $500 ARV property. 

@Steve LymanBreak ownership up of the property, and thus the profits, by a 1,000 dollar increment, and have a simple math formula.850,000 - 25% (212,500) = 637,500 (637.5 shares)100/850= .11765% per share.Owner with the 25% down gets 25% of the profit (obviously), and the rest of the owners split the remaining balance by .11765 * X, where X represents their numbers of shares (by the 1,000 USD they pay in).Form the location as an LLC, and assign shares that way.

Other formulas are out there.

See if your seller bought in 2005 to 2008 and you know they will have most likely way overpaid.But, back to price, you might ask the assessor what their formula is for assessed value vs. market value as a starting point.

I keep this on Google Drive and can access the information from anywhere at any time.I believe you have to open the file in Excel to get the formulas to recalculate, however you could put an entire amortization schedule in Excel if you absolutely need to know.

Do a search for "The Flip Formula" to see what I recommend...

IMO that would be a violation of Fair Housing based on familial status.The usual formulas for number of occupants are:2 x number of bedrooms(2 x number of bedrooms) + 1The one at the end is to allow for sleeping on the sofa ;)So a 3BR house would sleep 6 or 7.

There is no secret formula, just hard work and perseverance!