My background consists of 10 years of residential construction and appliance repair.

The only thing that's confusing me about this particular calculator is that it calculates "repairs" every month which bits into the profit.

One of the biggest mistakes I have seen less experienced investors do when choosing their first one or two flips is thinking they can save a lot of money by doing a lot of the repair or upgrading working on their own compared with paying a licensed contractor to do the work and mainly because a person doing the work themselves are not as experienced at doing good quality work and frequently will take a lot, a lot, a lot longer to get the work done and if you are financing your deal they you will end up paying a lot more in finance interest and still maybe end up with marginal instead of good quality work and you are only delaying the date for flipping , reselling, or being able to get a property rented.

Concede the territory and take your money elsewhere.If you like the hassle free money these properties have been so far, you're not prepared for the intense (and losing) fight ahead of you.Your cheese is moving. 

Sellers want fast closings ,,as is ,,, good luck BTW, IF you do buy something, you can not just hire someone off the street for repairs, pulling permits, and  closing the POS,.

$0 repair but after repair value is $20K higher. does that mean you think you bought the property for $20K discount from what it's actually worth?

Have you seen it and are sure it doesn't require any repairs?

Hello,I'm new on this forum and in this business as well, I have this house in Fairmont WV, the seller wants 70K and ARV is 143K, repairs needed are approximately 40K, my question is, how much money should I ask to assign the contract to a cash buyer?

I will be occupying the duplex as FHA requires, but without the 203k, I have to put 15% down and come up with the repair funds myself.

Is there any other techniques that is more better vs another to examine repair/rehab cost while analyzing property.Hope to get lot of stories n ideas from you guys.