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12 September 2018 | 7 replies
I know I haven't given a whole ton of details here and you haven't seen the property... but I'm curious to hear anyone's advice on what to do when a deal is close but not a deal quite yet.
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4 September 2018 | 49 replies
But it does seem like they "forget" to include details like LABOR when they calculate costs, lol.
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12 September 2018 | 3 replies
I'd be curious to hear more details if you're willing to share, as my area of focus is cabins in the mountains in Washington State.
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23 January 2021 | 13 replies
So unless you can find out what exactly the details are that they have planned for your property then you really dont have a secret weapon.
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29 August 2018 | 1 reply
PM me for more details
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4 September 2018 | 19 replies
Consider the tone of my first post way off-mark, that little 203k detail makes aaaall the difference. :)
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4 September 2018 | 6 replies
However you have not provided sufficient details.
13 April 2019 | 5 replies
Not enough details here to fully evaluate.
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14 April 2019 | 2 replies
My reading and a fellow investor taught me that it starts with understanding the 70% Rule which is a quick rule of thumb that can be used to quickly analyze a rehab deal or wholesale deal by applying a 30% discount to the ARV (less repairs).70% Rule FormulaQuick analysis assumes profit and fixed cost will make up 30% of ARV(ARV * 70%) - Repairs = Rehabber’s MPPDetailed analysis breaks the 15% into a detailed itemized list...ARV - Repairs - Purchase Costs - Holding Costs - Selling Costs - Profit = Rehabber’s MPPThen, in order to determine Wholesalers Maximum Allowable Offer you would use the following formula:MAO = Rehabber's MPP - Wholesale ProfitWhat I need to be able to do is use the Max Purchase Price formula (detailed analysis) in order to calculate a more accurate MPP.