
6 June 2019 | 1 reply
Best way to do it is to use it is to search by zipcode then narrow it down with the filters to get an accurate assessment of what houses sold for in a particular location.

16 June 2019 | 8 replies
They also run a weekly radio show.CIREIA just purchased its own building so that they don't have to rent even space from others, and I know they are working on doing more classes because they have the flexibility to do so.I believe what Ross was saying about it being very different in the past is accurate.

7 June 2019 | 2 replies
How do i properly assesss my personal finances to accurately determine the ceiling on the deals that i can afford?

7 June 2019 | 2 replies
Not sure how to figure expenses except to use comps but that won't be accurate.

7 June 2019 | 2 replies
You have to:Run comps and have an accurate assesment of the ARVWalk through the property and determine the repairs accuratelyPut the property under a legally binding contract with earnest money deposit (and please - not $10 EMD but something serious - like $5,000 for a $789K property)Your wholesale fee will be based on how much your buyer is willing to pay for the building less what you have it under contract.Here's an example:If the ARV is truly $1.5M and let's say, the repairs is $300K, then, you will have a rehabber-landlord who might be willing to pay:80% x $1.5M - $300K = $900KThe difference between $900K and what you got it for is your wholesale fee or about $100K

8 June 2019 | 5 replies
Don't do this deal until you've done that much at least.Is the $40k repair costs accurate?

8 June 2019 | 0 replies
Instead of showing total expenses of $990, I'm still showing expenses of $1,000, which is not an accurate representation of my expenses, even though the P&L DOES balance.I searched the Web and found that it is possible to assign the bank deposit to Accounts Payable (instead of COGS).
12 June 2019 | 22 replies
Make sure your numbers are accurate and don’t fudge them to make the deal look better than it is.

11 June 2019 | 1 reply
When I ask if there are any updates for me I only get a “I’ll get back to you with it tomorrow”.... what’s the estimated time it takes a contractor to complete a accurate bid for a full rehab?

5 July 2019 | 7 replies
There is no "article" you will read in the media that has any accurate information or statistics about the business of flipping as it occurs in the real world.There will be better times, there will be worse times, but there will always be a market for buying a rundown house and fixing it up to resell it.