- What Is the 70% Rule in House Flipping? - BiggerPockets
$150,000 (ARV) x 70 (ARV percentage) = $105,000 $105,000 – $20,000 (ERC) = $85,000 (buying price) This formula is commonly used by house-flipping investors to decide how much to pay on a fix and flip 70% Rule: Formula and Example The formula itself is rather simple: Once the ARV and ERC are calculated, you then plug in the numbers
- Question about percentage of ownership in tax sale- LouisianaQuestion . . .
I'm in Louisiana and I'm a little confused about the bid-down percentage method we use In the unlikely event the owner goes the full 3 years without redeeming the property, how does having a lower ownership interest (say 1%, for example) in the tax title effect my rights to the property?
- What is APR on a Loan? (How to Calculate, and More)
The APR (annual percentage rate) on a loan is the total cost of borrowing money Understanding APR is crucial when applying for a mortgage, personal loan, credit card, or real estate loan The percentage amount greatly impacts the total cost of your loan Therefore, comparing APRs is the most effective method to discover the best financing offers
- Over 6 Million Americans Are Late on Their Mortgage Payments—Heres . . .
Another housing crisis could be imminent According to a new study from Deeds com, as reported in Newsweek, over 6 million Americans are late on their
- How Much Does Airbnb Take? Airbnb Host Fees Explained
What Percentage Does Airbnb Take? Many Airbnb hosts only pay a flat service fee of 3% of the booking subtotal The subtotal includes the price guests pay per night, and any additional fees hosts charge guests, such as a cleaning fee It does not include taxes Service fee payments are taken from a host’s total payout for each reservation
- what percentage a silent partner in a flip should makewhat percentage a . . .
The house is $140,000 and needs about $20,000 in repairs We would sell it for around $240,000 If we borrow $40,000 for six months, what is a fair percentage for investor to make? They would be a silent partner, and my husband is the contractor So, we are providing most of the capital, and all of the work
- Finders fee percentage for bringing in investors? - BiggerPockets
The appropriate fee is 0% It is illegal to pay a finders fee, commission, or fee by any other name to someone for bringing an investor to buy a security (which is what investing in a passive real estate deal is) There are two exceptions to this The first is that a commission can be paid to a licensed broker dealer, so if you have the proper securities licenses and are employed by a broker
- What Are Typical Real Estate Developer Fees? - BiggerPockets
Anyone who is investing in a commercial real estate deal should take the time to really understand how their money will be spent This is a critical step in the due diligence process that many people overlook Instead, they look at the total project costs without requesting a detailed breakdown of all fees
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