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1 March 2024 | 1 reply
We want one for answering/ directing listings and maybe more.
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1 March 2024 | 8 replies
For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker
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2 March 2024 | 8 replies
Just a few preliminary thoughts - this is a beginner list and of course not all inclusive. 1.
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2 March 2024 | 8 replies
@Aaron LandauThere is a huge bucket list...
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28 February 2024 | 8 replies
(not the grocery store type) It does a good job, sometimes you may have to go over it twice.
1 March 2024 | 11 replies
I recommend manually digging through comparable listings, it can be super helpful, especially if you can see their booking calendars and amount of reviews (gotta check the actual rental performance, not just the listing!).
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1 March 2024 | 39 replies
Make sure to add Detroit, MI to your list, if you have time.
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1 March 2024 | 6 replies
This gives you an idea of the rent amount and general demand.Comparable rents: Analyze rental listings in your area for similar properties (size, location, amenities).
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1 March 2024 | 14 replies
To demonstrate that in January 2019, there were 7,637 active listings in Dallas county.
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1 March 2024 | 8 replies
If you find a listing that says the tax is $2000 a year you'll want to make sure to ask the owner or realtor if that is with or without the exemption.