What kind of reserve would you guys suggest to have it on stand by when buying rental properties. Is there a particular amount or formula to be adapted?
Thank you
L.Souza
What is your formula for making an offer?
Do you have a specific minimum for ROI?
What factors do you consider to determine your offer?
As a newbie, I expect that I would attempt to buy a property below market value,...
Hello BP!I have a question for my Birmingham AL Investors and wholesalers. When buying or wholesaling rental property what formula do you use to come up with purchase price? I know that the flipping formula is differe...
What is the best formula to use for calculating the maximum offer for a seller on a wholesale deal?
I read Ken McElroy's book the ABC's of REI and he wrote about how he figures the value of a property. There was an equation he uses but I can't remember what it is and I don't have his book. Does anyone know that equa...
Has anyone paid for BNB Formula, STR Secrets or any other Air BnB Arbitrage Coaching/ Mentorship that helped them get started with their Air BnB Arbitrage journey? Did you find it effective and is it worth the money?
Im a new wholesaler and get really frustrated when I use the formula/wholesale fee. My offer always seems to come way too low. Att least it appears that way to me. Ie.asking price-$150KARV-$70KAfter repairs,wholesale ...
Do realtors use a specific formula to determine the exact value of a home, and/or what it should rent for? I know they look at the houses that sold in the past, etc. but is there anything esle specific that they do?
Question,
I was speaking to a landlord today and he was saying that he buys houses that will pay for themselves in 3 years. Example
House is selling for $21,900.00
Rent is $500 Mo. @ 12 mo. = $6,000.00 x 3 yrs. = $...
Hello, I am trying to transfer over from owning SFR's to investing in MHP's. I have been reading on this forum and people mention different formulas for evaluating what a MHP is worth. So, what are the formulas I s...