I live in West Virginia and, as of right now, there are not a lot of REIA meetings to attend here, but I know with the help from the forums and advice from others, I will be well on my way to making my first deal!

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..

@Jay HinrichsThere is apparently a Hidden Valley in Santa Rosa (I'm on east coast no no idea).

But as of right now Im looking for my next 2 properties (trying to juggle 2 at a time) so let me plug this quick...LOOKING FOR PROPERTIES IN WEST CHICAGO SUBURBS / DUPAGE COUNTYCASH BUYER!!!!!  

East side just west of Knightdale.

Greetings bro, looks like West Baltimore.

I like geographical names... and then if I am buying in lets say a mid west state and I want a company there..

In case anyone is in the market for it....We just closed a HELOC with Bank of the West.

Not west. 

Hello BP.. any advice on investing in the mid West..