Читать книгу Flipping Houses For Dummies онлайн

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 Estimate costs of repairs and renovations. Knowing how much you likely need to spend to make the property market-ready is the key to knowing how much you can afford to pay for the property and still earn a profit. In ssss1, I explain how to inspect a property with an eye for repairs and renovations and estimate the rehab costs.

 Calculate the maximum purchase price. Before you make an offer on a property, you need to calculate the most you can pay for it to earn the desired profit after costs, including closing costs, renovation expenses, holding costs (interest, insurance, property taxes, utilities, and maintenance), and agent commissions. In ssss1, I walk you through the calculations.

 Negotiate the price and terms in your favor. The maximum amount you can afford to pay for a property probably isn’t the amount you want to pay — you want to pay as little as possible. In ssss1, I help you discover various strategies and techniques to negotiate a better price and terms.