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29 August 2018 | 1 reply
It is 2018 you can find anything on the internet.
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4 September 2018 | 49 replies
Nobody should look at them as any form of training or education as a lot of things/steps are left out of the shows.Mostly, the critical tasks needed to be successful in flipping aren’t shown:- how to find properties- how to determine ARV- how to determine the budget NEEDED to rehab the house to meet that ARV- carrying and closing costs- TIME!!!!!
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30 August 2018 | 4 replies
I have been trying to figure out how much I would be able to pitch a sales price to an end buyer for (this would be my first deal-if I can get it right)I located properties that have recently sold in that area so I determined ARV of 46650 ...
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12 September 2018 | 3 replies
Keep in mind it will probably be seasonal, so determine the seasonality and work that into your nightly rate and occupancy rate.
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4 September 2018 | 9 replies
I have an ROI spreadsheet I use to determine the ROI on ever note before I buy the note.
31 August 2018 | 1 reply
Does the monthly rental fee generally include utilities, internet and cable or do the tenants pay for that independent of the rent?
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4 September 2018 | 3 replies
Trust me, they will not turn away a paying customer the next day and there's a 99.9% chance the same deal they swore would expire, will not have expired if you still want it.Another thing you could do, if it's just a "course" you'd be interested in buying (as opposed to a boot camp or mentoring program), is not buy it at the event, but ask around in your local REIA or post on the Internet to see if there's anyone else who bought the course and doesn't need it any more, who'd be willing to sell it cheaply.
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4 September 2018 | 4 replies
Michael is right when say you need to determine your market.
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14 April 2019 | 2 replies
My reading and a fellow investor taught me that it starts with understanding the 70% Rule which is a quick rule of thumb that can be used to quickly analyze a rehab deal or wholesale deal by applying a 30% discount to the ARV (less repairs).70% Rule FormulaQuick analysis assumes profit and fixed cost will make up 30% of ARV(ARV * 70%) - Repairs = Rehabber’s MPPDetailed analysis breaks the 15% into a detailed itemized list...ARV - Repairs - Purchase Costs - Holding Costs - Selling Costs - Profit = Rehabber’s MPPThen, in order to determine Wholesalers Maximum Allowable Offer you would use the following formula:MAO = Rehabber's MPP - Wholesale ProfitWhat I need to be able to do is use the Max Purchase Price formula (detailed analysis) in order to calculate a more accurate MPP.
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17 April 2019 | 28 replies
For the property . you sold you'll need the Date of acquisition, basis, capital improvements, and depreciation schedule to determine your adjusted cost basis.