Originally posted by "**********":Tims, your correct and that's what I suggested.Yeah I saw your post on Labor Ready and you are correct that it is an option - however the payrolling thing is slightly different from hiring temps.

Correct.

I am looking to start something up with a few friend and we are just a few years removed from college (not a lot of cash funds ) So this may help us out.Am I understanding this program correctly?

Figure 4 points and 15% on that loan.Purchase $60KRehab $55KTotal $115KAssuming all these are correct, and a hold time of 6 months, you stand to net between 10-15% of ARV when you sell.

I think my tenants did the correct thing and handled it well.

Can someone let me know if I am understanding this correctly, sorry I am very new to this concept.

This doesn't even factor in the cost of the property, so could someone explain to this rookie how to correctly figure out the maximum purchase price of a commercial property?

So where it says "Real Estate Chat" if it could update to say "Real Estate Chat (3)" and the 3 would be red or some other color that would stand out against the rest of the nav bar.

maybe a fiberglass repair kit. then sand down and use the kits they sell at home depot to cover and match the color?

So after tooling around these forums for a while, conducting many searches, and reading a lot of posts I have seen something that has come up often but not yet been addressed (please correct me if I'm wrong).Everyone says you MUST buy properties at HUGE discounts.