what formulas do you use when evaluating a deal for the first time? the only one i know is to take ARV * .7 to get my max asking price (not including repair estimates)
What would you say is the average escrow and title costs in Arizona?What would the average be for buying costs and what would it be for selling costs?Thanks in advance!
I'll be selling my own investment property for $245k. I'm the agent representing both sides. My capital gains will be about $150k.I'm thinking about raising my realtor fees (ie 10%-20%) in order to lower my capital ga...
Hi All,This is my first post on the forum. Been a long time listener of the podcasts and have inspired to "get in the game" but have been on the sidelines for about a year. My background: Work a full time job in Fina...
Hello AllThis is my first post... I am new to real estate investing and wholesaling. I am looking to work with a title company that is investor friendly and i knowledgable with "double closings and assignments". Als...
So we have a few rentals and now have acquired our first potential flip! Excited about this property but wanted to see if the deal looked ok to you guys? 3 and 2 1500SFTThe Numbers:Purchase price $77,000.00Closing cos...
I am looking to flip my first property in CT. Does any one have a formula they use to analyze the deal? What would typical costs be for financing costs, carrying costs, and selling costs?
I've recently networked with some folks who have brought some private commercial development investment opportunities to the table. Does anyone have any experience with this type of investment? I know the advertised r...
I want to summarize what i need. I just need a list of all the important numbers to keep in mind analizing deals
We normally use current asset accounts to track 'expenses' for our flips - a Construction CIP account, with a sub account for each of purchase, holding, rehab, and selling costs. We use classes for each property, and...