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Results (10,000+)
Dawn Hall Making an Offer
1 November 2011 | 6 replies
All should be answered before anyone can possibly give you any useful advise.Here is the Formula I use to find my Maximum Offer Amount.Example:say the ARV is $100kRepairs are $20K40% for closing, holding, taxes, insurance, etc and profit (depending on your market this could be 30% or 35%)I use 40% to make sure I have a very good assignment deal any investor would want.The most I would offer would be $40K, But I would start at $25Kor$100K ARV-$20K Repairs-$40K 40% Profit and costs =$40K Maximum Amount I Can PayThe Numbers are what will tell you where you need to be on price NOT what you have to spend.Again, this is just an example you will need to input your own numbers to get YOUR Maximum Amount you should pay.Hope this helps
Daniel Dietz Using Life Insurance Cash Value while Investing Long Term
27 March 2012 | 3 replies
It is currently paying 5.5% AFTER insurance cost, and carries 500K on myself.
Ariella Cohen First deal - am I missing something
16 November 2011 | 7 replies
Management $1100, Taxes $1245 and Insurance $1000.
Sarah Jones Zero down - NEED strategy
8 November 2011 | 14 replies
My mortgage with tax and insurance is $1400 and I rented it out for $3000 per month.
Sam A. Sell gold/silver to purchase next property??
11 November 2011 | 9 replies
You will need to pay for insurance (and I would want the utilities on)during that time.
Jeff Sitti "Hard Hitters" - Real deal investors...
12 November 2011 | 17 replies
., my RE agent who performs a lot of my upfront due diligence on potential acquisitions and also is teh agent who lists the properties for re-sale on the exit, my escrow company, my title company, my attorney, my project manager (in this case - he is my Brother), and my insurance agent.
Giles Smith Homestead analysis
8 November 2011 | 4 replies
[email protected]% down = $4,025 down@1400 rent/monthtaxes = 2350 (previous year at 55k SEV)insurance ~800?
Young S. found previous claims for a purchasing home
11 November 2011 | 5 replies
The insurance companies already have the records in the CLUE system Carlos mentions.
Brian N. Central Mass Newbie Looking for Help
8 December 2011 | 8 replies
I'm in Pascoag, RI and I have an auto repair shop in Uxbridge, MA.
Nathan Cao Finding Burnt-Out Properties
8 November 2011 | 2 replies
I have thought about trying to work with insurance people, but my understanding is most insurance companies rebuild it anyways?