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All Forum Posts by: Edward Jones

Edward Jones has started 2 posts and replied 6 times.

Starting Out

Post: Where to get my LLC....

Edward JonesPosted
  • Investor
  • Los Angeles CA
  • Posts 9
  • Votes 5

If I plan to invest out of state. Do I have to get an LLC in each state or will one LLC from RocketLwayer.com work?

0 Votes
Starting Out

Post: Gross Profits Soar To 80%, Fixing and Flipping in These Cities.

Edward JonesPosted
  • Investor
  • Los Angeles CA
  • Posts 9
  • Votes 5

@Ryan Greene My focus is funding deals now. Are you trying to purchase property for air bnb?

0 Votes
Starting Out

Post: Gross Profits Soar To 80%, Fixing and Flipping in These Cities.

Edward JonesPosted
  • Investor
  • Los Angeles CA
  • Posts 9
  • Votes 5

Yes. Please share. I'm interested to know where all that profit went? @James Wise 

0 Votes
Starting Out

Post: Gross Profits Soar To 80%, Fixing and Flipping in These Cities.

Edward JonesPosted
  • Investor
  • Los Angeles CA
  • Posts 9
  • Votes 5

I definitely want to get into the Baltimore market soon.  

0 Votes
Starting Out

Post: Gross Profits Soar To 80%, Fixing and Flipping in These Cities.

Edward JonesPosted
  • Investor
  • Los Angeles CA
  • Posts 9
  • Votes 5

I agree @Mark Cruse . Net profit is always important to know. 

0 Votes
Starting Out

Post: Gross Profits Soar To 80%, Fixing and Flipping in These Cities.

Edward JonesPosted
  • Investor
  • Los Angeles CA
  • Posts 9
  • Votes 5

Not every house makes a good flip. Just because a home is selling for a rock-bottom price doesn’t mean you can put money in it and automatically make a fortune. Check these cities out for your next Fix n' Flip...

According to Fortune, in 2016, flippers in the following cities saw gross profits of 80% or more of the price they paid for their homes:

East Stroudsburg, Pennsylvania (212.1%)

Reading, Pennsylvania (136.4%)

Pittsburgh, Pennsylvania (126.8%)

Flint, Michigan (105.8%)

New Haven, Connecticut (104.8%)

Philadelphia, Pennsylvania (103.7%)

New Orleans, Louisiana (97.6%)

Cincinnati, Ohio (88.5%)

Buffalo, New York (85.1%)

Cleveland, Ohio (83.8%)

Jacksonville, Florida (81.8%)

Baltimore, Maryland (80.8%)

4 Votes