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24 September 2010 | 20 replies
Good project managers get paid a percentage of the rehab budget (anywhere from 2-5%).
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27 October 2010 | 8 replies
My feeling is that milder climates have an overall lower percentage than harsher environments.
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28 October 2010 | 1 reply
I've been curious about this for a while after reading a few books.When you are lease optioning homes to tenants/buyers, what percentage actually end up exercising the options?
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1 November 2010 | 22 replies
You buy the house in name of LLC --she can do all the leg work --bird dogging or cheking comps etc --you can also pay small fee and make her an assistant and have heraccess MLS for searches- comps etc --so she can do more than just bird dogging ---teach her more and be more productive -- you can define profit sharing percentage in your Operating Agreement.I am just completing one --for a buisness -- where by I found an Invetsor who to put up 100% financing --I have an American Partner who will operate the Business day to day activities--will get paid salary -- plus 45 % of net profit per month --but we have agreed -that I will pay him 50% of net profit when we sell our business in three years -- he is happy --becasue he found the deal -- a closed commercial property --do not want to get too much details - but can be done --Just have good attorney and accountant's advise you --for your state --You can also have separate LLC for each property --in case you can't sell right away and need to keep as rental - she can find tenants and manage property --Do you really need the License ?
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29 October 2010 | 15 replies
Normally, I never carry balances on credit cards, but a few years back when you could still get 6%+ on savings and/or CD's, I had several 0% credit cards with close to 80% utilization with little impact on my credit score (maybe 15 to 20 points - my score runs in the high 700's so 15 or 20 points was nothing to be concerned with).I wouldn't be real concerned with utilization percentage until you get up around 80% on a single card or 50%+ utilization of the available credit amount available across all your credit cards.Of course, if your FICO score is marginal to begin with higher utilization may have more of an impact.FYI - Most credit cards these days charge a 4 to 5% fee for cash advances, plus a higher interest rate - so not sure they would be that much better than a hard money lender anyway.A few years back you could get 0% cash advances with no fee and the 0% was good for 12 to 18 months, but those days are over.How to profit with 0% credit cards - guide from a few years back.http://www.fatwallet.com/forums/finance/632935/
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7 November 2010 | 10 replies
The ownership percentages can also be spelled out in the deed.
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1 November 2010 | 5 replies
Well, it's almost over, can't wait to see car commercials again.Just wondering what you all think will be the states with the highest voter turn out as a per centage of registered voters?
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14 November 2010 | 10 replies
Put it all together and it is a pretty good percentage, but you will never get them all!
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11 August 2009 | 10 replies
But I will start you off the basics of wholesaling: 1.Find buyers 2.Find sellers/properties 3.Negotiate and get property under contract 4.Assign property to buyer 5.Get paid To evaluate a deal you do the MAO formula which is 70%(or less)of the ARV-Repairs-Your assignment fee=Maximum Allowable Offer and the percentage of the ARV is dependent on the market condition.
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12 August 2009 | 6 replies
Contractually, do you promise them a certain percentage?