Doug Danoff
What's your formula for insuring a flip?
Hi All,I've found a flip in the Boston suburbs. First one. So many things to work through!I was curious how experienced flippers calculate the insurance they take out on their rehabs. The combo of vacant and builde...
Brian Cosby
Quick Formula for Evaluating Max. Purchase Price
Here's a quick formula for evaluating what your maximum purchase price should be (whether for buy & hold, fix & flip, etc.). ARV x 65% – renovation costs = max purchase price Thanks to Josh Cantwell w/ Strate...
Ashley Dupoux
Right formula to use in Cali wholesaling
Ok so far I see that the 70/30% formula isn’t quite recommended in Cali. But I get so many strategies that it gets confusing and less encouraging. I have cash buyer yelling (don’t live in Cali) saying comp times 90% m...
Alexander Flores
What Else Should I Factor into Formula?
Hey, I have been around the website for a couple months. I am a big numbers guy and into excel a lot. When calculating CashFlow and CoC Return I mainly factor in my Expenses Per Month AsMortgage (at 20% down at 5% int...
Ralph DiBugnara
Calculate your DTI with this Simple Formula
DTI is calculated by adding up all of your monthly bills and dividing it by your monthly income before taxes, then, multiplying it times 100. For example, (2000 ÷ 7000) x 100= 28.6%. Knowing this will give you a bette...
Julien Rickard
Your formula for analyzing great REI Opportunities
Hello Amazing bigger pockets community,After reading multiple books on REI investing such as Million Real Estate Investor, ABC's of Real Estate Investing, etc, Some of the rules that I am frequently seeing is the cap ...
Jenny Pour
Daymond John & Doug Hopkins Success Formulas
These 2 may have already been listed but just wanted to make sure they are on the list of Guru's that use their celeb status to lure people in. I'm assuming the structure is similar to others. Essentially you go to a ...
Michael P.
Formula You Live Buy - When Buying Equity
When buying a property no matter which way or how, if you know for example the ARV is 120, what should you buy at to make sure you are able to cash out refi.
Hassan O.
Tax formula for SC taxes on purchase
Hi. I’m looking at a commercial multifamily opportunity in Columbia, South Carolina and need to calculate the taxes due on purchase. Does anyone have the formula for Richmond county on acquisitions? I don’t know if t...
Patrick K
Formula for vacancy rate on multiple houses>?
What would be a standard way to calculate a vacancy percentage on multiple houses across a portfolio for an entire year, based on days vacant?
Seems standard and easy but I am finding conflicting answers. Tha...