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All Forum Posts by: Cynthia Chang

Cynthia Chang has started 2 posts and replied 3 times.

Post: What's a typical profit margin for Lease Option and wholesaling

Cynthia ChangPosted
  • New York City, NY
  • Posts 3
  • Votes 0

I'm new to Real Estate Investing and was wondering if anyone knows the typical profit margin for lease option and wholesaling. Thanks

Post: Had anyone use Strongbrook?

Cynthia ChangPosted
  • New York City, NY
  • Posts 3
  • Votes 0

I recently heard that they have a 5 or 10 years retirement plan but I also heard from members that the cashflow is small. A member in biggerpockets said that he make $10.96 the first year in cashflow and around $2k the second year. Being that the cashflow is small, how is it possible to reach your retirement goal within the set number of years?

Post: StrongBrook? Anyone heard of them...

Cynthia ChangPosted
  • New York City, NY
  • Posts 3
  • Votes 0

@Matt Parks , you mentioned that the first year you only made $10.96 and the second year you made $2,959.32. That's a small cashflow where your full time job would still be required. How does this make a 5 or 10 years retirement plan possible? How many properties do you need to purchase and sell in order to meet that requirements? Also what is the rate of return with Strongbrook? And how do they calculate it?