Originally posted by "Rehab702":Typical formula: (ARV – Repairs) x 70% = Maximum Price.Better yet: (ARV * 70%) - Repairs = Maximum Price.That will be (1) more conservative and (2) more consistent since you will be dealing with actual repair costs (the first formula only subtracts 70% of repairs and would thus have you offer more than you should on homes needing a lot of work).For example, imagine a house with ARV of $100K that needs $50k in repairs (an extreme example, but it makes the point):If you do it the first way, you get (100k - 50k) * 0.7 = 35k max offer That would be 85k you would have in a house (after repairs) that sells for 100k ARV (or you are paying 85% of ARV).

And my work load on that consists of calling the resident manager about once a month.

I immediately responded and that is the result in which you read.I think it's sending out offers before you see the property by the sounds of it, and the way he makes it out you are consistently sending offers daily then once you get some type of feedback you go from there.I am looking to buy a fax machine (or find one on criagslist, once I get off work) today, and get in contact with a realtor I met at my 2 day seminar last week who said he wants to become an investor while being a realtor and wants to work with me.

Landlording will put you in the loony bin, if you consistently have bad tenants.

My big point in every post (I reread all of them today...consistent from the first post) was that this should be used to screen projects.

Looking for someone with Experience to perform these sales methods for homes in Denver and Dallas for homes over 600K in value.If you've completed at least one sale, and would like to do more, we will pay for the marketing materials (you should have the templates) and advertising.We will also pay a very fair fee for your time and effort involved, including the one or two day open house.If you're interested in making VERY good, consistent money helping us to quickly sell our homes, send over an email.

Consistently focused energy is very powerful.Plus most investors suck at finding deals.

The 2 current problems are as follows: One of my favorite sites "pipedreams" will play some concerts but not others, it's not consistent as on my pc.

Do like 10 a day on a consistent basis and it will turn up some nice deals.I recommend you look into 4 unit properties to start off.

As I am on a Mac it is a nice cross platform solution for a great price.The best feature in my mind is the ability to have multiple local numbers and then let the phone follow you around as you travel or relocate.John Corey