Best I can tell Ron LeGrand is the one that invented or came up with the Maximum Allowable Formula we all call MAO (pronounced Mayo).
ARV times .7 minum rehab amount = MAO.
I am sure investors used similar foumulas ...
Hello, I a have a condotel listed for $200,000 in Lincoln City, Oregon. Who could finance this property?If it makes a difference: all of the units are privately owned and are in the rental pool. The HOA will be the ex...
Whats up BiggerPockets community, my name is Parker. Heres a quick introduction about me1. 🌎 Where you’re based + where you (hope to) investIm in Medina,Ohio currently which is about 40mins from Cleveland and 30 mins...
Hi everyone,I'm new to investing and the BP forum but I'm really excited about rehab! By day I'm an attorney and by night I've been getting educated and ramping up systems. I've done a whole house gut renovation that ...
my name is Mike, a married military man with our first child due next week living in Virginia beach. My wife and I purchased our current home in November 2012 with a va loan at a fantastic interest rate. I am curren...
Anyone know a good local bank that offers great rates/terms in the Scranton, PA area that you can refer me to?
Hi my name is Sophin.. I’m around the Philly,Delco area.. if you are having a hard time pronouncing my name the “H” is silent, I go by “Pin” also... one of those Asians with a difficult name lol. I’m looking to invest...
extract from article in SfGate (KTVU website):
"The average asking rent at buildings with at least 50 units in Oakland hit $1,925 in the third quarter, up 19 percent from the same time last year, RealFacts said. That ...
Hello all! My name is Kirstan (pronounced KHEAR - stan.) I am 35 years old, and am excited and eager to learn all I can about real estate investment. I currently live in a 2 unit (farmhouse with "in-law" apartment,) a...