He prefers to hold for ever rather than pay the taxes, etc.If we move away from the math and we think about the message, what is IRR telling us?

Thus, try 3 quoted EVERY project and make sure at least one sub is obscure like off a message board or something.

The problem was the police could not technically do anything as a crime had yet to be committed (I didn't try to cash the check nor did I wire anyone else money), and the principals of the con were more than out of everyone's jurisdiction.What follows are three actual scam letters that are currently circulating on the internet:INITIAL CONTACT LETTER FROM FAKE PHYSICIAN-----Original Message-----From: Dr.

i just get an error message...

I returned his message by telling him I had left some things in the mailbox( a ring and some keys) and that I had left his cable boxes in the trash can for him to pick up and return to the cable company.

So I basically have seen two basic formulas on these message boards to determine whether or not a property is a good buy.For rehabbing: (ARV * 70%) - repairs = Max Purchase PriceFor Renting: Rent * 50 = Max Purchase PriceI would like to buy a property to Rehab, but be able to fall back and rent it if I can't find a buyer quickly... while also having positive cash flow after mortgage and operating expenses.If I put an offer on a property for $25k and the ARV is $50k (if I put in all new flooring, paint, and redo the kitchen and both bathrooms) that leaves me $10k (According to the formula) for repairs which I could likely do if I'm doing it all myself.BUT...That would have me with $35k into the property, and I am only confident of being able to rent for $600...

Since most of the bailouts consist of relableing borrowing, they are destined to fail.I think that the fact that the megacorps have sent all our manufacturing jobs to other countries and we now don't produce anything we use, means that we are in for some hard times ahead til the global economy levels out.

If u want to know some more message me

I left a message...Fingers Crossed!

There are so many real-life investors who are directly accessible through posts & private messaging.