Benjamin Z.
Very young and very interested in real estate!
1 January 2014 | 40 replies
I've met many young future entrepreneurs, future investors, and future employees in college.In your situation i would recommend majoring in Accounting, Project management or business management even if you just get a Associates degree.
Brandon Sturgill
70% ARV Pointless?
12 September 2013 | 12 replies
It's ARV * 70% minus repairs = purchase price.The 30% "gross spread" is intended to cover: profit, purchase closing costs, holding costs, sellling costs (commissions, concessions, closing costs), and of course financing costs.Ideally, your profit will be 15-20% of ARV.
Ian Tudor
Craigslist Critique
15 October 2013 | 7 replies
-Minutes drive from Shockoe Bottom, Canal Walk, and MCV -Numerous art galleries and antique shops About the Property -3 bedroom / 1.5 bathrooms single-family house -Carpeted bedrooms -Washer/dryer -Off street parking -Security system -Large planted backyard to relax with friends -Enormous walk-in closet, private upstairs porch -TV, internet, water included -Lease information -Renewable quarterly (every three months) -Available on 10/21 Minimum Qualifications -Gross income must be 3 times the monthly rent (You must make $1500/month before taxes) -Clean background and eviction record -Favorable credit score -Good rental references from previous landlords About me -Ian, 23 years old, young professional in finance -Alma Mater: Virginia Tech -Moderate cleanliness (I clean and keep things clean) -Interests: Ornithology, competitive checkers, avid bar hopper Sorry, no pets allowed.
Steven J.
Remote Wholesaling
27 September 2018 | 13 replies
Like Brandon says, the people that I have heard about that do remote wholesaling have employees or partners on the ground in the remote markets.
Mark Forest
Stove cleaning
21 April 2013 | 11 replies
It would be kind of gross to turn over a dirty oven to a tenant.
Joshua Gordon
Bandit sign question
14 July 2014 | 18 replies
Just a set amount per month, lead or not.Finally using the same idea I started having employees that parked their car in a good location do the same thing with the promise of a $500 reward for a deal.
Chris H.
I would like to become a Hard Money Lender. Any resources?
19 November 2015 | 26 replies
It takes a new bank employee with a college degree in finance or accounting usually, about two years before they get to lend on cars and small personal loans, another year before they get to secondary market loan and a couple more years before they get a bank portfolio.
Page Huyette
Anyone own a roller rink?
15 June 2013 | 21 replies
Businesses all the time say what their gross sales are to try and impress buyers.
Ray Egan
Newbie from Miami, Florida
14 June 2013 | 2 replies
53 years of age, a former trombonist/composer in Canada for 22 years, now a full-time hardware store employee, photographer (one fashion shoot to date, but I'm trying!)
Alex Heifetz
Chicago 2 Flat Turnkey Analysis
11 October 2016 | 24 replies
We do 10% of gross along with a $150.00 annual CHA fee, plus the labor & material it costs for the CHA inspection repairs.