All Forum Posts by: Account Closed

@Kristi K. ok thank you! Great idea!

If u had 1 home w/100k equity to start…looking back on your experience, what would be your 1st move to transition from your 9-5 to real estate investing/flipping full time? Thanks a million!!!!!

Thanks again all for these wonderful insights. I really appreciate you all taking the time to clarify from your perspective and experience. @Konstantin Ginzburg yes I like this idea of being able to accomplish my goal of getting cash flow regularly for a certain period of time and then giving them an option to buy so they can also accomplish their goal or have something to show for their inputs. I would think a renter would take better care of the property in that case too? I was thinking if I rented out properties to put some type of clause in the rental agreement that the property would be inspected 1x every month to start and then 1x every 2-3 months after the first 3? 1 - to ensure the tenant is not wrecking havoc and 2- to catch any clogs of drains, check air filters or repairs that may be coming up. What do you guys think? 

Thank you Ben and Greg! I appreciate the insights very much 💡

Hi all,

I have watched countless videos on real estate investing. Some investors are all about buying “doors” to rent. Then there are the flippers and developers. Please help me understand why, besides getting monthly income and putting off taxes, people are so stuck on rentals. I understand producing cash flow to demonstrate I have an income to be able to borrow in the future….so I don’t mind starting with a few rentals to bring that in but then I want to transition to building single family homes. Personally I want to PUT people in homes they will OWN. To me it seems while I pay tax on the sale of a single family home, I get a bigger chunk of money to work after each. I just want to make sure I won’t get sidelined with taxes so high it renders the work/sale null and I get little profit. What is the average profit percentage on building a single family home? Any help is appreciated :)