DeJor Properties


All About DeJor

DeJor's picture
Name: 
Rohn & Shelley Everson
Location: 
NW Iowa

Topics I've Participated In

TitlePosterRepliesUpdated
LLC Benefits FDrake4122 years 5 days ago
How I turned $500 into $30,000 cbrpower414 years 4 weeks ago
** NEW ** My Deal of A Life Time Anitarny364 years 4 weeks ago
3 HOUSES - THINKING A LITTLE DIFFERENT Anitarny715 years 38 weeks ago
Anyone Familiar with Tax Sale Info? ECCInvestments396 years 43 weeks ago

Basic Info

Occupation: 
IT Specialist
Children: 
Have Child(ren)
Education: 
Some College
Status: 
Married

Sites I Visit

Guestbook

Hi Dejor I read your

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

Offers

DeJor's picture

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

Re: LLC and Website Registration

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