In this example, I took the # of active SFHome listings in DC proper (according to GCAAR reports), and divided it by sales per month. 508 / 298 = 1.7 months of inventory.....and I am told that 0-4.5 months of inventory means it is a sellers market.

I feel sure they could have divided it up into smaller lots, so I'm not sure why there are 3,4, and 5 acre lots.

Good luck to all my fellow young ppl as we divide and conquer!

Originally posted by Joel Owens:....Actually it's way less than this when you count in other fees too long to mention here....This part is so true - until you have seen a HUD-1 for the closing on the purchase of REO property, you might not believe how many pieces that commission gets divided into.

There's no specific dividing line between investment and income flipping, so even if you have a day job, the IRS may treat your flipping as regular income if you do a lot of it.

The house has been been divided (un permited) to make a 1 bedroom/1 ba apartment (the bath is unfished), making this a 2/1 and a 1/1.

Once you have that for any similar property then you just divide the NOI by the market cap rate. 

Then I'd draw a horizontal line to divide the top and bottom half and on one half write Montana and on the other half SoCal ... then you and your family collectively fill in all the quadrants with everything that is important to you.

Then, when we had to divide this into a $60k purchase and $70k purchase, the Premium dropped to $50 on each property.

They divided the average fsbo mobile home sale price of $208,700 by the average sale price of a realtor assisted single family of $235,000 and got 13%.