DeJor Properties

Hi Dejor I read your response and you mantioned that you made 52 offers if you don't mind telling me how much did you put an offer in below the market and how many got exepted. Thank you

Lilie,

Actually, only 2 out of 52 were accepted. Each offer we looked at the repair cost, comps in the area, and I used a formula in an excel worksheet to do the initial assessment based on percentages! Looks likt this:

____ Fair Market Value
____ Minus profit (minimum 6%)
____ Minus repairs (maximum 8%)
____ Minus closing costs (minimum 2.5%)
____ Minus holding charges (6%)
____ Realtor Fees (4.5% of value)
____ TOTAL DEDUCTIONS HERE
____ MAXIMUM OFFER AMOUNT

I guess I am less woried about the market than I am sticking to my numbers. They work so we stick to them.

Have a good 4th of July weekend

Regards,
Rohn & Shelley
(712) 541-2890 (cell)
DeJor Properties, LLC

Hello Rohn and Shelly,

I'm a new investor intersted in establishing an LLC and website. I read your comment in the forum, and wondered who you used to set up the LLC for only $50? Also, did you use Dean's free website, or another company?

Thank you,

Craig