Jason W.
filing taxes in a community property state? advice appreciated
Hi All! I am trying to complete our taxes as married filing separately for the first time. This question might be more of a general tax information but it will cover our property and etc. So, I am using turbotax in p...
Troy Michaels
Best way of figuring your calculations?
I have seen a couple. Ive even seen one where you calculate in a buyer's holding costs. Whats the best way of calculating your offer on a home you intend to wholesale?
Account Closed
How do you come up with your ROI?
Im well on my way to putting in my first offer on a triplex but I can't seem to find out how to find out what my cashflow would be. If any one could be as detailed but as simple as possible in helping me out I would r...
Tom W.
Applicant has existing mortgage, Reason for denial?
I have a applicant who makes good money, owned home for past 15 years with existing mortgage. Supposedly in process of selling home, but its not listed and when I ask for documentation to show its for sale or under co...
Carl Gorson
70% rule and my math...please help (lol)
A little help w/the 70% rule calculator and my math please. ARV 159K. Rehab Cost 60K. No extra profit needed. After hitting the calculation bar it gave me an Est. Purchase Price of $51,300. Now , ARV-RC-EPP=$47,700. I...
Jason Hatfield
Factoring Cost of Money in Offer Price
Quick question for all you Wholsalers. When you are determining an offer price are you subtracting the average costs of hard money?Example:ARV is $100KMax Financable is 65% or $65KRepairs are $20KAre you then simply ...
Brett O
Quick 50% Rule Question
I just want to be sure I'm using the 50% rule correctly.
I'm looking at a property, I estimate the property will produce $650 per month in rent.
So the 50% rule assumes that expenses such as maintenance and vacancy ...
Kyle McCorkel
How to determine price of BRRRR
How do you determine a good price to pay for BRRRR property? I know the rental analysis methods (determine NOI, cap rate, COC) and I know the typical flip equation (ARV minus repairs X 70%). Is it kind of a blend of t...
Mike Schorah
When it comes to asis properties, are appraiser out of their mind
When it comes to "as-is" properties, are appraisers out of their mind???Do appraisers just appraise by taking the ARV and subtracting repairs (and not the other costs like Real Estate Commission, Title Insurance, Escr...
Matthew Harris
Land Valuation questions
I'm looking for advice on land valuation in the Seattle metro area (Bothell, Lynnwood, Kenmore, Lake Forest Park, Woodinville, Kirkland). I have a desire to build a passive house and I've been looking for land. It se...