Doug P.
Is this property worth 500k?
20 November 2009 | 14 replies
If all of the numbers are accurate and there is not a lot of deferred maintenance, this could be a good deal for you.Chris
Tyler S.
Robert Steele
Would you take this gut rehab deal or walk?
15 August 2011 | 22 replies
If your numbers are accurate ($110K to purchase and $100K to rehab), and assuming fixed costs of about $40K (to cover closing costs, commissions, concessions, holding costs, etc), you're looking at about 25% ROI (assuming cash purchase and rehab), and if you can get this bought, fixed and sold in 6 months, that's an annualized ROI of 50%.That's a reasonable return for a larger project.
Jon Rood
Does the 2% or 50% rule apply to new construction?
10 October 2011 | 15 replies
It won't be accurate for a particular property in a particular month or even a year.
Bill Vaughan
Does 50% rule apply in Texas with the High Property Taxes?
15 August 2011 | 10 replies
On your rental property, is the 50% rule accurate?
Matthew J. T.
Potential Wholesale Deal - Need your help.
17 August 2011 | 9 replies
You may want to have another investor double check your ARV and look real close at your repair cost.If your numbers are accurate and the DOM are reasonable; I'd buy the house, rehab it, and market it at $135k to $140k to retail buyers for a quick sale.
Mike Welch
Seller Left Behind 1/2 Ton of Garbage in Alley Behind Property Line
29 November 2011 | 14 replies
He accurately described the area where the pile was, and stated there was nothing there to clean up.
David Tower
Help! job relocation options
27 August 2011 | 11 replies
I don't know an accurate appraisal value at this point but I assume I have at least 60k in equity.
Michael Seutin
how many of you hold your rental properties in your name?
24 September 2011 | 104 replies
I have been involve in more than 650 single family transactions and am currently holding more properties than I care to mention.Gil Barden's suggestion is the most accurate one per my knowledge and experience.