@@Indra15huna Jerry used a 75% discount in this formula. $375,000 ARV ×'s75% (Discount) -$50,000 Repairs -$20,000 Wholesale (assignment fee) ='s $211,250
$211,250 MAO. Just wanna say that I’m finally taking the courage to start wholesaling, and watching your videos is really helping me out. Keep up the great work, thank you brother!
Question ❓ Where's is holding cost , taxes, title transfer and agent fee in this formula? If these are applied would the cash buyer still be @ 75% is my question 🤔
@@FlippingMastery My MAO using that formula you gave us to use on OUR homework... would be $211,250 correct ? but doesn"t it have to be a whole number last time i watched a video they said that numbers from the comps and trying to figure the ARV from other houses around the prpoerty we doing research on....
Hey jerry thank you for the information im 19 years old and trying to learn about wholesale real estate so one day when i feel confident enough i can do it. No one in my family believes in me but im used to it, my perspective is to work in silence and let my success be the noise ❤
I don't care if I'm late to the party, lol. 211,250 MAO. Side note, you have no idea how much people you are truly helping with these videos. Because of YOU I started in Real Estate. Thank you!
Answer: $211,250 MAO thank you so very much!! I have been watching so many different videos and I was calculating partially right but I did not have a clear understanding. You have really made this so easy to understand and yes you absolutely are a flipping genius. Thank you and GOD bless!!!!!
$211,250 MAO. im new to the real estate game and im looking foward to approach my highest standard and highest achievements because of you. Keep it up!
@17slushys40, How are you since your last post? If you ever need help with funding your transactions, feel free to reach out. I would love to help anyway that I can.
"Jerry, you are a flipping Genius!" Homework: $375k x 70%= $281,250 - $50,000=$231,250 - $20,000= ($211,250/ MAO/Maximum Allowable Offer) Thank you so much for the brilliant instructions. You are "THE BEST" real estate video instructor I've come across on TH-cam since I began Wholesaling real estate back in May 2021. You explain everything with precise clarity and poise. I learned how to "TAKE ACTION" and "JUST DO IT" by watching your videos. This video was/is the "BOMB". THANK YOU, JERRY!!! Helen Head of Jacksonville, Fl.
I love that I get your notifications man.. as soon as I almost fall off or give up, I get a notification from your channel which is a reminder to hang in there 💪🏽
Keep at it. Persistence & rapport get myself and my team huge spreads. Jerry has some amazing videos. I also put out a video Mon-Fri on for real estate entrepreneurs. The one I released today was on Masterminds.
Jerry you are a flipping genius $375k ARV $50K Repairs $20k Wholesale Fee 75% Discount [375k × 0.75] - $50k - $20k = $211,250 MAO $211,250 + 20k + 50k = $281,250 [75% of ARV $375]
$211,250. GREAT VIDEO! IM A LICENSED REALTOR IN TEXAS! DETERMINING THE ARV IS THE EASY PART FOR ME, SINCE I HAVE MLS ACESS TO RUN COMPS. ESTIMATING REHAB COST IS MY WEAKNESS AT THIS MOMENT. THANK YOU.
Jerry, all of you guys that help teach wholesaling are like Jedis. And you’re definitely the Samuel L Jackson Jedi with the purple saber cuz you’re a flipping genius
211.250 MAO. I just started a month ago came back to this video and now understand it better if you feel like you dont get it go out there and put in the work you will soon see results!
@JumpOfFaith, How are you since your last post? If you ever need help with funding your transactions, feel free to reach out. I would love to help anyway that I can.
Answer at the end in $211.25. I’m 18 years old and I’m trying to get into wholesaling, I’ve just been researching and getting scripts to help me talk sellers, that paired with your video I hope should be very helpful.
Exactly bro 70% is not gonna work in most places specially in MLS. I’m sure you can do it off market and stuff but that’s not gonna work in today’s day n age. 80% is the best at lowest 75%
$211,250. Thank you Jerry. I was stuck on figuring out my MAO. Your break down, made it click in my mind. Especially when you broke it down in reverse.
you the man jerry. Calculating the offer price is Def something i struggle with and spend alot of time doing which it shouldnt. watching this and your other videos is giving me the knowledge and confidence that i need to be able to get to that number without feeling unsure. Thanks again my man
@@fusiondew ok so it’s been a while because God has given me a business but not the one I prayed for lol. In other words, I’m no longer trying start a real estate one. But, this contract was not a normal one. It took about 3 months and several extensions to get it sold. I end up find another investor that was local and we partnered up. Can’t remember the company, but when it was finally done we split the check 50/50. Perhaps the biggest lesson I learned, was to protect your contract. There were a couple of times other investors tried to slip by us and take the contract for themselves. It’s a dirty move but some do it.
seriously how did you even do that I"m still like nervous and trying to find cash buyers to buy these deals from me but still need someone to walk me through it some guidance please
Buy price is 211,250. My confidence is horribly low because I'm brand new to the real estate wholesale scene. But I will continue to get better, thank you for all of your informative videos
I love your videos and watch them everyday. I wanted to learn more about how to talk with agents, make offers with agents, and lock up the contract etc.. thank you❤️
This formula is amazing that you came up with Jerry. You're a flipping genius. I just did this problem in my head which you said to comment on. Instead of finding the number for 25% which is what would be subtracted from the ARV giving you the 75% discount. I instead calculated 10% in my head to make it easy (just drop a zero at the end) and then doubled it giving me 20% so far of the discount. Which came to be 75k which is easy math to subtract from 375k giving 300k. Then I subtracted 50k for repairs, 20k wholesale which came to be 230k. Easy math... then I cut that 10% number in half making 5% ($18,750) and subtracted that from the 230k which gives me $211,250 as the MAO.... Man I love math. It's easy in your head if you break it down into easier numbers to work with.
Just talked to a friend that is a flipper and a real estate agent. She said that the formula they use is ARV X 57%... it's insane for the Boston real estate market. Jerry, you're a flipping genius.
![How To Find Cash Buyers For Wholesale Deals! [FREE & ONLINE]](http://i.ytimg.com/vi/YzWGQJPKv6c/mqdefault.jpg)
$211,250 MAO. Jerry is a flipping Genius
👉👍
($375k ARV x 75%) - $50k Repairs - $20k Wholesale Fee = $211,250 Buy Price
@@FlippingMastery Jerry how did you get 211,250 MAO, the formula only allows you to take 70k away
@@Indra15huna Jerry used a 75% discount in this formula.
$375,000 ARV
×'s75% (Discount)
-$50,000 Repairs
-$20,000 Wholesale (assignment fee)
='s $211,250
@@barbarateresarhiannonsreal1756 thank you so much
@@Indra15huna No Problem!
$211,250 MAO. Just wanna say that I’m finally taking the courage to start wholesaling, and watching your videos is really helping me out. Keep up the great work, thank you brother!
Nice work! 👍
($375k ARV x 75%) - $50k Repairs - $20k Wholesale Fee = $211,250 Buy Price
we should net work
Question ❓
Where's is holding cost , taxes, title transfer
and agent fee in this formula? If these are applied would the cash buyer still be @ 75%
is my question 🤔
I'm still learning which is why I pose the question. Trying to get a thorough understanding.
@@FlippingMastery My MAO using that formula you gave us to use on OUR homework... would be $211,250 correct ? but doesn"t it have to be a whole number last time i watched a video they said that numbers from the comps and trying to figure the ARV from other houses around the prpoerty we doing research on....
Hey jerry thank you for the information im 19 years old and trying to learn about wholesale real estate so one day when i feel confident enough i can do it. No one in my family believes in me but im used to it, my perspective is to work in silence and let my success be the noise ❤
Hey im 19 too and I'm going against my family's wishes as well. Glad to see someone else out here my age doing it!
I’m 18 we’re in the same boat lol
i’m 17 and this hit home 🤦🏾♂️😂
I’m almost 19, same situation here how are y’all doing?
welcome, Iam 20
I don't care if I'm late to the party, lol. 211,250 MAO. Side note, you have no idea how much people you are truly helping with these videos. Because of YOU I started in Real Estate. Thank you!
Where are you wholesaling?
$375k •.75 - $50k - $20k = $211,250
You’re a flipping genius! Thanks for the great content!!!
Nice work! 👍
($375k ARV x 75%) - $50k Repairs - $20k Wholesale Fee = $211,250 Buy Price
$375k x 75%=$281,250-Repairs $50k=$231,250- wholesale fee of $20k=$211,250 my MAO Jerry you are a GENIUS at this
$375k times 75% Minus $20k fee minus $50k repairs makes $211,250 !!
Answer: $211,250 MAO thank you so very much!! I have been watching so many different videos and I was calculating partially right but I did not have a clear understanding. You have really made this so easy to understand and yes you absolutely are a flipping genius. Thank you and GOD bless!!!!!
$211,250 MAO. im new to the real estate game and im looking foward to approach my highest standard and highest achievements because of you. Keep it up!
@17slushys40, How are you since your last post? If you ever need help with funding your transactions, feel free to reach out. I would love to help anyway that I can.
$211,250 (MAO) Max Allowable Offer
Buyers (flippers etc) pay $231,250.
You (wholesaler) get difference. Jerry you are a flipping genius!
$211,250.00 MAO!! im a prime member with flipster your software is second to none brother Jerry and im a newbie!
Using the formula from scenario 1 and I for$211,250 for my MAO. It was easier than I thought. Thank you for this
What is MAO?
(Max allowable offer )
Homework MAO answer = $211,250 ($375,000 *75% = $281,250 - $50,000 =$231,250- $20,000 = $211,250. Thank you Jerry you are a flipping genius.
"Jerry, you are a flipping Genius!"
Homework: $375k x 70%= $281,250 - $50,000=$231,250 - $20,000=
($211,250/ MAO/Maximum Allowable Offer)
Thank you so much for the brilliant instructions. You are "THE BEST" real estate video instructor I've come across on TH-cam since I began Wholesaling real estate back in May 2021. You explain everything with precise clarity and poise. I learned how to "TAKE ACTION" and "JUST DO IT" by watching your videos. This video was/is the "BOMB".
THANK YOU, JERRY!!!
Helen Head of Jacksonville, Fl.
I love that I get your notifications man.. as soon as I almost fall off or give up, I get a notification from your channel which is a reminder to hang in there 💪🏽
Keep at it. Persistence & rapport get myself and my team huge spreads. Jerry has some amazing videos. I also put out a video Mon-Fri on for real estate entrepreneurs. The one I released today was on Masterminds.
You got this. Remember, you're in a community of winners. Don't forget to ask for help!
Checking in here. Hoes the wholesale journey going?
Jerry you are a flipping genius
$375k ARV
$50K Repairs
$20k Wholesale Fee
75% Discount
[375k × 0.75] - $50k - $20k = $211,250 MAO
$211,250 + 20k + 50k = $281,250 [75% of ARV $375]
👏👏👏
@@FlippingMastery
Jerry you will be hearing from me one day remember this name Jaylin💯
This video was so helpful. Thank you so much for breaking it down in simple terms that anyone can understand!!
This helped me understand more than anything! I get it now🔥🔥🔥🔥🔥❤️❤️
The most helpful thing for me out of this is ask your buyers what's there criteria
211,250.00 MAO with 75% discount. Great and informative!
$211,250
Thank You JERRY
You Are A Flipping Genius!
this explained it so much better! i was using listing price instead of arv
Jerry you are a Flipping Genius. I got $211,250 for the MOA. Thank you for helping me understand.
$211,250. GREAT VIDEO! IM A LICENSED REALTOR IN TEXAS! DETERMINING THE ARV IS THE EASY PART FOR ME, SINCE I HAVE MLS ACESS TO RUN COMPS. ESTIMATING REHAB COST IS MY WEAKNESS AT THIS MOMENT. THANK YOU.
Jerry, you are an incredible, super-duper, rock star “Flipping Genius”.
Jerry, all of you guys that help teach wholesaling are like Jedis. And you’re definitely the Samuel L Jackson Jedi with the purple saber cuz you’re a flipping genius
Jerry You are a flipping genius!
211,250 Thank you so much...
$211,250 soooo much free information thankyou for doing this
thanks jerry you and pace are my idols in this biz cant wait to meet yall in person 1 day also came up with 211,250 your the flipping man jerry
$211,250 MAO. Jerry, you are a flipping genius!
You sir are going to change my life!! $211,250 MAO. JERRY IS A FLIPPING GENIUS!
Jerry you are a flipping genius! I found your video very helpful. Thx
Jerry You Are A Flipping Genius
Jerry you are a flipping genius
jerry you are genius thank you for every thing
Jerry you are a flipping Genius
$375k x .75= $281,250
$281,250-$50k=231,250
$231,250-20k=$211,250
(In Maury Povich’s voice)Jerry, you ARE a flipping genius!
Hey Jerry your calculator’s really confused me but this video really summarized it for me thank you. Great content. Your a flipping genius! 🍻💯
Jerry you are a flipping GENIUS
Jerry you’re such a flipping genius ‼️ my problem with this formula is the wholesaler and buyer don’t agree exact numbers on ARV & repairs ☹️
$211,250 MAO, Thank You Jerry for helping me to understand this method. You are a Flipping Genius!🎉
Jerry, you are a flipping genius! :)
Thank you. This was very helpful. I had to watch it twice to get it but after the second time I got it! Thanks again!
Love this video, learned a lot!
211.250 MAO. I just started a month ago came back to this video and now understand it better if you feel like you dont get it go out there and put in the work you will soon see results!
@JumpOfFaith, How are you since your last post? If you ever need help with funding your transactions, feel free to reach out. I would love to help anyway that I can.
Finally I found the best video to figure my rehab costs. Thanks
Jerry you are the best so far thanks
$211,250 OFFER PRICE..,Jerry you are a flipping Genius.
Jerry your are the best gave us all information thank you so your are Amazing
$211,250. Jerry you are a Flipping Genius!
$211,250 MAO. This was fun Jerry!! Thank you!!!
375,000 X .75 -50,000 -20,000= 211,250 You are a flipping genius!!!
Answer at the end in $211.25. I’m 18 years old and I’m trying to get into wholesaling, I’ve just been researching and getting scripts to help me talk sellers, that paired with your video I hope should be very helpful.
You are a Flipping Genius Jerry 4 sure
$211,250 MAO! Jerry is a flipping genius love your channel
Thanks Jerry i learn a lot
Your amazing detail is amazing
$211,250...Thanks Jerry for another great video!!
$211,250 clams for your MAO. Thank you Jerry for showing me the way! I agree with spidey below me, Jerry you're a Flipping Genius!!
Jerry your videos was super helpful. Thank you.......
This method allowed me to buy more than 50 deals. Because I can be more aggressive with my price and beat the 70% method
what do you mean by you can be more aggressive with your price?
Following. What do you mean more aggressive?
As in a higher percentage/less discount?
@@AndyIno you can offer more and beat anyone's else price. Knowing your buyer will buy it
Exactly bro 70% is not gonna work in most places specially in MLS. I’m sure you can do it off market and stuff but that’s not gonna work in today’s day n age. 80% is the best at lowest 75%
THIS is the only thing that's holding me up from wholesaling, thank you for this video!
$211,250. Thank you Jerry. I was stuck on figuring out my MAO. Your break down, made it click in my mind. Especially when you broke it down in reverse.
That's what I got too!
(ARV)375* ,75-50k-20k=211.250
You’re a flipping genius!!!!
375k x75%-50k-20k=211,250 MAO. Jerry is a Flipping Genius 🔥🔥🔥
(375k x 75%) -50k-20k=211250 YOUR A FLIPPING GENIUS JERRY!
I got so excited about our videos, I put my answer on the wrong video! $211,250. Thank you so much Young Man! 😊
Great job!
you the man jerry. Calculating the offer price is Def something i struggle with and spend alot of time doing which it shouldnt. watching this and your other videos is giving me the knowledge and confidence that i need to be able to get to that number without feeling unsure. Thanks again my man
Jerry let' Jv you are a flipping Genius
This really helped alot thanks
$211,250 MAO Jerry you are a flipping genius!!
$211,250...Thank you!! Jerry you a Flipping Genius!!!
This was a great video like thanks for your wisdom
Home Work
ARV: $375,000 × 80%
= $300,000
- $50,000
= $250,000
- $20,000
= $230,000. Buy Price
Jerry you are a flipping Genius, God bless
211,250 Thanks Jerry your the man!
211.25 Jerry you're A FLIPPING GENIUS
210's alllllll I'm paying boss! Jerry, you flipping genius you!!! 🤑🤑🤑
Great timing! Just got my first contract and I’m officially on day 1 of the inspection clause! I’ll be looking for buyers soon!
Do you know how to get a property inspected when you don't live in the state it's in?
Really interested in how your first contract went, I'm close to pulling the trigger and making some calls. Any updates? :)
@@fusiondew ok so it’s been a while because God has given me a business but not the one I prayed for lol. In other words, I’m no longer trying start a real estate one. But, this contract was not a normal one. It took about 3 months and several extensions to get it sold. I end up find another investor that was local and we partnered up. Can’t remember the company, but when it was finally done we split the check 50/50. Perhaps the biggest lesson I learned, was to protect your contract. There were a couple of times other investors tried to slip by us and take the contract for themselves. It’s a dirty move but some do it.
@@jasminemarie2344 how?
seriously how did you even do that I"m still like nervous and trying to find cash buyers to buy these deals from me but still need someone to walk me through it some guidance please
The max allowable offer is $211,250! Thanks for this video Jerry!
Nice work! 👍
($375k ARV x 75%) - $50k Repairs - $20k Wholesale Fee = $211,250 Buy Price
$211,250 Jerry is a Flipping Genius
Buy price is 211,250. My confidence is horribly low because I'm brand new to the real estate wholesale scene. But I will continue to get better, thank you for all of your informative videos
Update?
Update?
DUDE THANK YOU FOR PUTTING THIS IN SIMPLIER TERMS!! LOVED THE VIDEOS!
211,250 MAO. Jerry is a flipping genius
Jerry you are a flipping genuis
211,250
Valuable information this is game changing
Jerry your a flipping genius
This video is helping me out alot jerry. My first contract is
ARV $102k * .7 - $10k - $20k= $41,400
$211,250 would be my MAO yassss Jerry you are a flipping genius
I love your videos and watch them everyday. I wanted to learn more about how to talk with agents, make offers with agents, and lock up the contract etc.. thank you❤️
th-cam.com/play/PLNDQ7qfA7mTgGtMNhLg5Pn3TSOgb_niyn.html
This formula is amazing that you came up with Jerry. You're a flipping genius. I just did this problem in my head which you said to comment on. Instead of finding the number for 25% which is what would be subtracted from the ARV giving you the 75% discount. I instead calculated 10% in my head to make it easy (just drop a zero at the end) and then doubled it giving me 20% so far of the discount. Which came to be 75k which is easy math to subtract from 375k giving 300k. Then I subtracted 50k for repairs, 20k wholesale which came to be 230k. Easy math... then I cut that 10% number in half making 5% ($18,750) and subtracted that from the 230k which gives me $211,250 as the MAO.... Man I love math. It's easy in your head if you break it down into easier numbers to work with.
Nice work!
I’ve been figuring 70% ARV for fix n flips here in Florida
Just talked to a friend that is a flipper and a real estate agent. She said that the formula they use is ARV X 57%... it's insane for the Boston real estate market. Jerry, you're a flipping genius.
This is probably THEE BEST video on the math when determining your M.A.O.
Hey jerry im new to all this but i overstand the ARV..jerry you are a flipping genius..oh yea the MAO is $211,250
Jerry you are a flipping genius!!!! The buy price would be $211,250... your videos are so inspiring... thank you so much
You are so welcome
Jerry is a flipping genius!!
$211,250 is the MAO.
Nice work! 👍
($375k ARV x 75%) - $50k Repairs - $20k Wholesale Fee = $211,250 Buy Price
Mao= $211,250 Jerry You Are a Flipping Genius! Thanks for the fun and engaging education!
I am excited! $211,250-MAO
Great information
Been watching TH-cam videos to understand MAO and this was honestly the easiest explanation I’ve found...the on screen breakdown really helps!
Glad it helped!