October 24, 2007

Adjusting For Cold Markets

My previous post talked about the real estate formula for buying properties.

It is a widely used formula that takes into consideration all of the work and processes and costs that go into flipping a house.

The formula really can be used anywhere in the country.

It may need to be changed sometimes. It may need to be changed if you live in a very slow / cold market where selling flipped real estate isn’t that easy and it will take a while.

When you evaluate your market and the holding time for selling a property you may need to buy at a bigger discount. Instead of buying .70 cents on the dollar you may need to buy .55 - .65 cents on the dollar. This will allow you to price the home lower on the market so that it can be sold while not losing any money.

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3 Responses to “Adjusting For Cold Markets”

  1. Adjusting For Cold Markets- Real Estate Investing Says:

    […] My previous post talked about the real estate formula for buying properties. It is a widely used formula that takes into consideration all of the work and processes and costs that go into flipping a house. It may need to be changed if you live in a very slow / cold market where selling flipped real estate isn’t that easy and it will take a while. When you evaluate your market and the holding time for selling a property you may need to buy at a bigger discount. Read more […]

  2. Adjusting For Cold Markets | RealEstate News and more Says:

    […] post by Brandon Iser Share and Enjoy: These icons link to social bookmarking sites where readers can share and […]

  3. Skinner Says:

    What’s up, I was scanning on the web for some tools that automatically could submit url’s to divers socialbookmarking websites. When searching I came past a tool called “Bookmarkwiz”. This dude’s site is bookmarkwiz. com (I think its not released yet) Myself, I think it looks very favorable. Manual submitting my websites to mixx, mister-wong and alike is taking much of my time and hire some freelancers it isnt very cheapo aswell. Some automatic solution will solve my dilemmas. I’ve seen alot of people here talk about socialbookmarking.. what do you guys think? assumably some of you have any experience with software like this? I think social bookmarking is a easy way to maximize backlinks and traffic…

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