Properties that use a RUBS allocation formula to distribute water costs had a reduction of 6 to 27 percent in water usage.

Here is why I have valued working with him so much.Skilled and Experienced Real Estate InvestorCollin owns and has rehabbed several properties so his input was highly valued throughout the process.He advised on asset selection and offered me the idea of doing my own underlayment project to level the floor which was the primary improvement needed in my flip project.He was familiar and experienced with flip formulas to derive a good purchase price.He advised on municipal codes for each house we looked at.Advised on all construction considered for each property.Advised me on removing a massive amount of dust from my condo.

Personally, I have never used any of the popular formulas suggested in this blog.

I might of overly complicated the matter because I was attempting to develop an excel spreadsheet using a formula I came up with, which is the subject price per square foot subtracted from the comp price per square foot.  

Not only was I buying with equity, they lent at 100% for the purchase and repairs as long as I met their formula, which we always did.

Most likely the analyst used percentages and business formulas to justify a bad investment. 

But when all 3 aligned, it added up to the perfect formula for home flipping deals which is 80% of wholesaler’s client base. 80% of my leads came from 20% of my local countiesSure Denver itself might not work out, but if you go out far enough, you’ll find a county or two where the median home value is less than $350k (to find distressed sellers) and the population is more than 100k (to find cash buyers).

Showing me that formula really edumicated me :)Charlie

I have not dealt in that lower price range in quite a number of years so the formulas are not the same.

If you're under 7 days average then it's a business and under C but there is a specific formula for calculating average days.