Chris Marshall
Potential first deal math. ( without a pterodactyl in the attic)
So I have my sights set on a single family home that from my initial looks on the MLS it really just needs some updating. The numbers on the MLS lay out like this.
1054 sqft home, listed for $64,500 about 61.20/sqft...
Thomas Oakley
Math Check on Four Square Method
Hey BP,
I’m using the four square method to evaluate a potential deal. The math doesn’t look good so I’m wondering if there are ways to decrease expenses or if I’m overestimating any costs.
My plan is to use house ...
Todd Burrows
KPI's on wholesale transactions
If you averaged the dollar volume of closed wholesale transactions in 2021 & 2022, what is your average assignment fee % across all transactions closed?
MJ Logan
hanging a license in prescott
A family member has an inactive real estate license in Arizona and looking for a broker in the Prescott area to hang their license. At this time we are only interested in using the license to purchase a home so I am ...
Chad J Abel
Calculating an offer price
Good Afternoon. My name is CJ and I'm a newbie investor. I have a question in regards to calculating an offer price. I have heard many times that a standard is 70% of ARV minus repair costs. obviously that percentage ...
Zachary Pauls
What kinds of ROI for year one and year two do you look for?
Hello everyone, I just have a question roi year one. I found this property and my roi would be about 7% year one, but the property is renting under market rent. So I could make minor improvements increase the rent and...
Matt K.
portfolio growth advice / refinance
I am just getting started and still very new to this. I just recently purchased my first 2 rentals (in the last 60 days). Both are 3bd/1ba SFR in NC. Each were about 30k down, conventional financing. They cash flo...
Account Closed
Finance question; Blanket loan?
Hello everyone,I am hoping to purchase two properties side by side to one another, each with 2 homes on them. (4 homes in total). The plan is to live in 1 and rent out the other 3. Here's where I am confused...I know ...
Christina Hall
Thinking of renting my new farm for vacation. Am I crazy??
I picked up another farm on the court house steps. 17 acres, 5 ponds, 2 br house, amother in law shack & several buildings. Instead of just renting it out for $800 a month I am thinking of renting it for a vacatio...
Jon K.
What are the common closing costs?
What costs do you pay during closing every time whether you're refinancing a property or purchasing a property? I have a contract on a house that was purchased at a foreclosure auction. I must use cash or hard money. ...