After searching the site, I can't seem to find the basic appreciation formula. Any insight?
Lets say the mortgage on my property is $800. Expenses = 50%, to be on the safe side. So, would $1,200 be a reasonable rent rate for this property?
I've done about 10 deals and made tons of offers so far but I'm noticing as of late that sellers are getting much higher offers. I know some of it could be due to new folks that perhaps don't have their numbers right ...
I know it would vary from house to house, but does anyone have thoughts about any general formulas for estimating repairs. Like $ per sqft of a house depending on levels of work needed?
For example some lipstick reh...
Hello, I am not a flipper and don't pretend to be. I was wondering though those that do, and have experience with it if there are any formulas you may use? or a rule of thumb on how much money needs to be injected in...
Hello again! Isabella Rogers here. Does anyone know the buy formula used in the New Orleans, LA? I assume to use 70% in my MAO (maximum allowable offer; not sure if everyone calls it that), but I not sure how aggressi...
Question...
If this (below) formula is for Brrrr.....what formula do you like for flips?
(After Repair Value X 0.75) – Repairs = Maximum Purchase Price
Thanks!
I'm reading your book 'The Multifamily Millionaire' and have loved it so far.
However I feel like there's a pretty big typo on page 140. Brandon is talking about the formulas...
he says NOI / Property Value = Cap ...
I don't know how most people calculate their estimated insurance, but I recently posted a response and got a lot of feedback from it, so I figured I would share with anyone who might have questions. For estimating hom...
I would like some feed back on my formula for buying a home to flip.ARV- rehab+15% - 17%of ARV - Profit = Buying PriceNOTE: 17%of ARV represents BUY, HOLD, and SELL Cost.Thanks, Doug