Because of this, I've been caught reading REI books, browsing the internet for great deals, or even making deals during some of our "off" time so, in essence, I've told my boss.

Cody,, no two are the same that's why there are no rules... you have to look at each one and do the simple math.. you can napkin math it using the 70% ARV minus rehab that usually works OK.but what I laid out took me 3 minutes.. just put your formula together and use it each time.So ARV  =10% sales costs =  (  )SOW  =  (   )Carry costs = (   )your fee  =    (  )15% profit on gross sale for end user  = (   )   now this is a rule of thumb others could do it for less others could come on BP and say they won't do it for less than 20% but I know west coast is very competitive and 15% on gross is what we try to make on new construction.. and we usually hit it OK.. but sometimes its 10 to 12%  but then we might be selling 20 plus homes in 10 months so its still a big number in total.But run it by your buyers and see what their profit margins need to be..

Here's the link:http://www.biggerpockets.com/files/user/Mister4clo...Every third Wednesday of the month, I also organize a Lender Meetup so you can meet different types of lenders who can help fund your deals.

I wasnt born this way, I went from zero skill to handy over the years...although I was forced to because my dads a hardass...in a good way haha But if its a cosmetic flip like mine, I would suggest diving in and do what you know you can do and for the things you cant, use the internet, this forum or you tube.

So a renter said a light bulb in a chandelier exploded and caught on fire (I'm sure this is an exaggeration) so I did some research on the internet and sent her an email saying it's no big deal with the following explanation which I think cleared it up pretty well:The reason is simple.

I also love that you can advertise your business in the marketplace (Pro and Plus users only).

If you go to a lawyer internet discussion board do you think 75% of the discussions are about the small percent who rip people off?

And homeowners who rent over Internet-based companies like Airbnb or VRBO do not pay state sales or county bed taxes.

You can reach more users there. 

I would just warn every one on here to watch out for this guy:https://www.biggerpockets.com/users/FrankH16Either way, @Bill Casimir you can try:http://www.ic3.gov/default.aspx To file your report and if they catch the guy, some of your funds might be recovered.