Comments on: House #10: Final Analysis http://www.123flip.com/house-10-final-analysis Education for the Serious House Flipper Fri, 10 Feb 2012 04:32:24 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Bilgefisher http://www.123flip.com/house-10-final-analysis/comment-page-1#comment-1958 Bilgefisher Tue, 23 Jun 2009 12:17:40 +0000 http://www.123flip.com/?p=1043#comment-1958 Makes sense now. Thank you. I knew I was missing something. Makes sense now. Thank you. I knew I was missing something.

]]> By: J Scott http://www.123flip.com/house-10-final-analysis/comment-page-1#comment-1956 J Scott Mon, 22 Jun 2009 19:14:28 +0000 http://www.123flip.com/?p=1043#comment-1956 Hey Bilge - As Matt pointed out, we received a $2000 commission on the <strong>purchase</strong> minus fees (see the line item detail). We also paid out $1000 to another agent on the sale. Subtract out the closing costs on the purchase (about $500), and you get: $28600 - $24000 + $2000 - $1000 - $500 = $5100. Hey Bilge -

As Matt pointed out, we received a $2000 commission on the purchase minus fees (see the line item detail). We also paid out $1000 to another agent on the sale.

Subtract out the closing costs on the purchase (about $500), and you get: $28600 – $24000 + $2000 – $1000 – $500 = $5100.

]]> By: Matt http://www.123flip.com/house-10-final-analysis/comment-page-1#comment-1955 Matt Mon, 22 Jun 2009 18:00:58 +0000 http://www.123flip.com/?p=1043#comment-1955 I think once you ad the commission from the original purchase back into the equation it comes out to $5097. Right? I think once you ad the commission from the original purchase back into the equation it comes out to $5097. Right?

]]> By: Bilgefisher http://www.123flip.com/house-10-final-analysis/comment-page-1#comment-1954 Bilgefisher Mon, 22 Jun 2009 16:51:41 +0000 http://www.123flip.com/?p=1043#comment-1954 I just want to clarify. You bought it for 24,000 and sold for 28,600. Is my math off? I see 4,600. I know you get some commission back for the sale, but wouldn't that come out of the 4,600 difference? I just want to clarify. You bought it for 24,000 and sold for 28,600. Is my math off? I see 4,600. I know you get some commission back for the sale, but wouldn’t that come out of the 4,600 difference?

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