Will F.
Shopping Residential Loans
It's been a while since I've shopped a residential loan (last few have been commercial). I'm actually house hacking a three unit and need to pull out an owner occ residential conventional.In the past, I just went th...
Michael Westberry
Determining price you can pay
I just watched Jerry Pucketts podcast which was filled with some awesome info. I liked his formula for finding the price he could purchase a property which isARV-rehab-(your fee). I wanted to see what other wholesaler...
Daniel Patterson
What math formulas do you use when you consider a new property?
I'm starting to get a general idea of how I should look for a property that would be good to purchase, renovate, then rent out. I'm a little lost on which formulas I should use when considering a property. Things like...
Oscar Quintana
Need some help for determining a MOA
Hope everyone is doing well!I’m looking into some deals currently and am struggling to get my MOA since I’ll be using a hard money lender. How do I factor the hard money lenders numbers into my whole MOA.Also does any...
Minh Lai
Are operating expenses tax-deductible? & Other Tax questions
Hello, I got some caffeine in my system so let me know if you do not follow. 1a) I know that Interest on the mortgage is deductible 1b) I know that property depreciation is tax-deductibleTotal Tax Deductions = (Inter...
Kate Miller
Valuation of a MHP?
I have been Offered the opportunity to buy a MHP. How do I determine if the asking price is too high? The city tax data has the property appraised at $220k. None of the MH's are owned by the seller. They just collect ...
Josh Rogers
Fixed Costs and MAO Calculation
When figuring out a MAO, where do I get an idea of the buyers fixed costs? I know each buyer may have special agreements that may make his or her fixed costs different, so how do I go about getting this figure from a ...
Jason Malabute
Wyandotte County, Kansas property tax
Does anybody know how property tax in Wyandotte County, Kansas is projected after acquisition of an apartment building ? I was wondering if you have a formula to calculate the projected property tax for properties in...
Caleb Fillip
Excel Spreadsheet for Calculating Capital Gains Tax with Income
Does anyone have an excel spreadsheet with formulas that calculate federal capital gains tax based on assumptions for capital gains AND income?I can calculate capital gains in a vacuum assuming $0 of ordinary income, ...
George Moehlenhoff
What's your deal?
Hello everyone!
What is the formula you use to decide if a property would be worth your time to flip?
Looking for numerics, personal stories, examples, anything. How do you do it ladies and gents?
All the best