Episode 11: Pass Me the MAO!
December 12, 2015
In this episode I’ll be sharing how to determine your Maximum Allowable Offer. I’ll provide the mathematics of rehabbing and the formula you need to evaluate deals so you minimize your risks and maximize your profits. One of the most important questions in rehabbing is, “How much am I willing to pay for this house” (so I can fix it and sell it for a good profit)? Master this skill with a simple formula to determine how much to pay, what the repairs should be, how much it will cost to hold the property until it sells – so you can estimate your profits before buying it!