
12 August 2022 | 13 replies
People simply won't easily buy a house with previous hystory of crumbling foundation even if it is fixed... or "claimed" to be fixed.The 70% rule also doesn't account for the projected time it takes to flip a house.And no... your predetermined "holding cost" incorporated in your 70% rule is not it.The 70% rule is a death trap and is a sure way to derail your business.Also, if we are both interested in the same property, and you give a 70% offer, you will ALWAYS be beat by me that will ACTUALLY give the highest possible offer I can make. 70% rule focuses on being "safe" and will have the effect of not getting many deals.The right method focuses on property determined risk analysis to leverage "being safe" with the amount of allowable profit (for that safety margin).

15 February 2016 | 31 replies
Cj Juan You can't hit anyone with a large bill until they approve it, half of my COs aren't fixed price, they are T&M based at 15-25% markup, receipts and timesheets need to be approved on that day we do the CO, labor rates are pre-determined.

27 July 2017 | 24 replies
When you say "timeline", are you talking about reiterating pre-determined dates as stated in the lease (Rent due, grace period, etc.) or are you talking about a "pay rent or quit"- type timeline for getting the money that is due?

25 September 2014 | 2 replies
The payments are dropped to 31 percent or lower of their gross income but at the end of the predetermined term, a large sum is expected.

4 January 2018 | 10 replies
They cannot help you to analyze the deal according to your predetermined criteria.

18 July 2016 | 24 replies
I likened real estate similar to an electric trolley hanging and traveling across predetermined destination, that is hanging over a medium, which is an electrical cable.
7 April 2018 | 3 replies
If you feel as though you're being "screened out" by brokers who do not want to split a commission, maybe it would be best to create a consultative type agreement with a buyers broker where they will operate in the background and will earn a pre-determined fee once you close on a transaction.

14 July 2013 | 6 replies
I thought the commission amount was pre-determined and the same for all traders.So, I asked the CFO why he did not pay the commission amounts in the book.

15 November 2015 | 12 replies
It insures the project owner that the project will commence and finish on a predetermined schedule and time and should it not then fines can and usually are imposed, sometimes in the thousands of dollars per day, until the project is complete according to terms and conditions stipulated and agreed upon in the contract, So if contracts are too loosely drafted this may be hard to determine and achieve. 3.

7 October 2015 | 3 replies
The brokers take a percentage of the agent's commission check until the agent meets a predetermined amount of productivity.