I have a question about the formula. I get how to do the formula; ARV x 70% - repairs - (my profit by 2) = price. My question is about the price. Is the price what you offer to who you are buying the property from. If so is there a formula or a way to determine how much you are going to ask from who is buying the property off you. In your youtube video you mentioned an example of asking 58K for a house worth 100K with 15K in repair. Where did does the 58K come from?
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Kaiserpayscash 1 year ago
I have a question about the formula. I get how to do the formula; ARV x 70% - repairs - (my profit by 2) = price. My question is about the price. Is the price what you offer to who you are buying the property from. If so is there a formula or a way to determine how much you are going to ask from who is buying the property off you. In your youtube video you mentioned an example of asking 58K for a house worth 100K with 15K in repair. Where did does the 58K come from?
EmeraldxEnvy 2 years ago
Call me
TeachMeFlipping 2 years ago
should i practice filing out different contracts?
onesand0s 2 years ago
yes, you always wanna sound like you know what you are doing
TeachMeFlipping 2 years ago
Good Tip Flip Man!!
KidCashflowCanada 2 years ago
great vid ty ;)
lexus119 2 years ago
i'm trying
TeachMeFlipping 2 years ago
Ty,
I like the marketing approach you had mentioned. "I have a contract on this pile of cash" I will have to use that on a future deal. Genius. Thanks.
Steve
spl4361 2 years ago