Denise Mayen
Newbie Eager to Flip & Wholesale in San Antonio, Texas
I've recently started placing offers and actively looking for properties to flip or wholesale. I am a relative newbie to real estate (aside from the several homes I've owned), but am partnering with my father, who liv...
Jaago Viitkin
J Scott Analysis
What am I missing? What is the formula for Equity Accrued?I am calculating equity accrued in this examplehttp://www.biggerpockets.com/renewsblog/2010/6/30/...He gets 3251 dollars!I get 2129x12-320000x7% = 3148 dollars...
Lari A.
Newbie needing help regarding first property numbers
Hello BP Community!I would appreciate any input out there regarding whether or not I should try to get a property under contract. This would be my first attempt at doing so as a Wholesaler.PROPERTY: 4/3, 3,621sf, $43...
Juan Najar
wholesaling
i wanted opinions on how others get to their maximum allowable offer (MAO). I get three comps from redfin that are the closest in radius to average out an ARV. I then multiply by .7 and then subtract the repair estima...
Angelo Mart
This looks like an awesome deal but formula says otherwise!
Case Study:I found a property located in a very wealthy area (Red Bank) that is an estate sale with highly motivated sellers that is being sold in "AS IS" condition. The sellers (of estate) need to push this property ...
David Hodge
Estimating roof replacement by J Scott
I just started J Scott's book on Estimating Rehab Costs. I love how detailed it is!
Can someone help me understand a few things regarding how he calculates the cost of a new roof? On page 29 it says that Sheathing ...
Deborah Hill
What is formula for coming up with percentage of ARV
What is the formula for percentage rate of ARV. I've heard the standard is 70%. But then I hear that rate may have to be adjusted. And please give example. Thanks
Jake H.
Need some advice (New wholesaler)
Hello everyone, I hope you are all doing well.
I have a few questions regarding some intricacies when it comes to residential wholesaling.
1. I am stuck on understanding the need for putting repair values into the s...
Jason Hardin
ARV and MPP the same or different?
Hello all, as you can tell by my soon to be question I am new to this game. I have got the book from J. Scott and it is great and I though I had a handle on the ARV and MPP but I just read a post on BP that confused m...
Will Beatty
How are wholesalers calculating offers these days?
Hi Everyone:I've recently gotten back to real estate wholesaling/investing after a long lay off. When I started back in 2003, I was trained by a very successful wholesaler team here in Atlanta to use the following for...