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Updated about 10 years ago on . Most recent reply

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Andrey Y.
  • Specialist
  • Honolulu, HI
1,261
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Anyone making >$100/hour doing RE investing?

Andrey Y.
  • Specialist
  • Honolulu, HI
Posted

Let me explain in more detail.

For Buy and Hold investors, does anyone make >$100 of cash flow per hour worked doing RE, this includes searching for deals, leads, paperwork, tenant screening and selection, talking to agents, soliciting repairs, screening contractors/electricians, PM, phone calls, escrow. etc.

Same question for flippers, lets say you average $30,000 profit on flips and each takes 4 months, including every single hour you spend on RE and that deal, do you spend less than 300 hours total on that deal?

Would love feedback from intermediate and experienced investors.

Most Popular Reply

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429
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Leigh C
  • Brooksville, FL
220
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Leigh C
  • Brooksville, FL
Replied

Flipping=sprinting,    B/H=walking.  

You can walk for a long long time before you get tired, sprinting has it's limits.   I remember a story about a turtle and a rabbit as a kid....

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