I use that and some excel formulas to figure out approximately what the balance is.This is not exactly accurate because I don't know if they missed payments or made extra payments but lets me get close enough to know if it's one I'm potentially interested in bidding on at the auction.

What is the formula that you guys would use to calculate ROI and whether the investment was worth it?

Now, I know nothing about roofing, but I'm sure this may be a little expensive.I'm going to check my formula and see what you think, but can you suggest a reasonable figure?

This allowable earnings threshold is adjusted each year by Social Security based on a formula managed by Social Security called the national wage index.

Give them YOUR formula and tell them you only want deals that fit those particular numbers, period. 

It would increase the fee from the current formula which is $50 (for one or two units) or $120 (for three or more units) plus $10 per unit.Amend the vacant property registration fee program to: (1) increase the registration fees for properties that are vacant three or more years; (2) require registration of buildings vacant for six consecutive months rather than 45 consecutive days; (3) impose a civil fine of $500 for failing to register a vacant building within 30 days of the required time to register; (4) exempt vacant buildings owned by the Wilmington Neighborhood Conservancy Land Bank Corporation (“Land Bank”) from registration requirements; (5) provide that purchasers of a vacant building from the Land Bank be billed a vacant registration fee based on the duration of vacancy from the time he or she received the building from the Land Bank, rather than a vacant registration fee based on the complete duration of the vacancy prior to that new owner receiving the building; (6) provide for a vacant registration fee abatement program.Change the minimum amount of time citizens have to correct a code violation from 45 days to 30 days, unless a shorter time period is required to protect public safety.

So many of them invested in their homes “blindly” without having a good idea what it takes to make a profit with a short term rental vacation home.My formula to make a profit with a short term rental vacation home has 3 parts: 1) The vacation home must offer the amenities renters want. 2) A good property manager 3) A good marketing program to maximize rental bookings I would appreciate your thoughts regarding the above.

Hey Jade, our formula is to set aside 6 months PITI per property.

Use private money for rehab and offer 2 offers.a. wholesaling 70% ARV - repairs - wholesaling feeb. jv w seller Formula is ARV when fixed for retail - 10% to resell - rehab of $30K - $10K jv fee to you = $$ to sellerMechanics: Use a JV agreement w seller, get private money for rehab, buy on a note if free and clear, buy on sub2 if there is a 1st mortg, no payments to seller until resold. 

My typical formula puts me at and offer of 157k.