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Trust is what makes an army not a bunch of guys running around shooting guns Captain America okay in todays video blog I want to talk about the fix and flip buy formula now when it comes to flipping houses the key to making a profit is understanding all of our numbers right so when we buy a house we fix it up we sell it hopefully whats left is a profit right so when we do that we need to look at some numbers that are involved and then we can create a formula to when ever we look at deals we know how to analyze the deal to make sure were buying it for the right price so that we make a profit so first thing we want to know is what we call a RV now a RV stands for after repair value thats the price the home is going to sell for once we fix it up so then were gonna have what our buy price when we bought the property for were gonna have our repairs what we spent fixing it up then were gonna have what we call soft cost now what is soft cost soft cost is the fees you pay when you buy