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Results (10,000+)
Chris Magistrado Are these numbers in The House Flipping Framework book correct?
12 February 2025 | 3 replies
Here is the statement expanded to include formulas for doing one flip per year, two flips per year, five flips per year, and ten flips per year: One flip per year: If you start with $50,000 and do one flip per year, aiming for a 35 percent return, your progress would be: Year 1: $50,000 + (35% × $50,000) = $67,500 Year 2: $67,500 + (35% × $67,500) = $91,125 Year 3: $91,125 + (35% × $91,125) = $123,019Two flips per year: If you start with $50,000 and do two flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (0.7 × $50,000) = $85,000 Year 2: $85,000 + (0.7 × $85,000) = $144,500 Year 3: $144,500 + (0.7 × $144,500) = $245,650Five flips per year: If you start with $50,000 and do five flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (1.75 × $50,000) = $137,500 Year 2: $137,500 + (1.75 × $137,500) = $378,125 Year 3: $378,125 + (1.75 × $378,125) = $1,039,844Ten flips per year: If you start with $50,000 and do ten flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (3.5 × $50,000) = $225,000 Year 2: $225,000 + (3.5 × $225,000) = $787,500 Year 3: $787,500 + (3.5 × $787,500) = $2,756,250The key points remain the same, which is to aim for a high return through flipping, reinvest the profits to compound the gains, and be disciplined in order to build significant wealth over just a few years of this real estate investing strategy.
Joel Bechtel Automating Multifamily Deals – Licensing Opportunity for Investment Groups
14 February 2025 | 4 replies
Since then, I’ve worked as a CTO and consultant, but real estate has always been a key focus.
Esther Iroko Tenants not paying rent
1 February 2025 | 23 replies
The eviction process can be lengthy, costly, and may result in getting the property back in poor condition.To avoid this, you might consider offering a "cash for keys" arrangement.
Tieirra Singleton Real Estate Investor Looking to connect!
21 February 2025 | 7 replies
Proximity is power, and finding the right group to surround yourself with is key!
Jacob Campbell First Rental Property - TurnKey Options
23 January 2025 | 3 replies
Who are a few great companies I could speak with that have turn-key properties available?
Dayana García Where to invest using BRRRR Strategy
10 February 2025 | 20 replies
The key to success is understanding the nuances of the market—different neighborhoods perform very differently, and having a strong team on the ground is essential.If you’re interested, I’m happy to share some resources on investing in Detroit and what makes it work for BRRRR.
Youssef Pullman Cold calling lists
6 February 2025 | 5 replies
Hi Youssef,I’ve spent some time refining my approach to sourcing quality cold calling lists in the Dallas/Houston markets.
TJ Dittmar Excited to get started learning
12 February 2025 | 14 replies
Something as close to turn key as possible but it doesn't need to be perfect.  
Chris Ganz Lease cancellation notice time period
16 February 2025 | 5 replies
I would offer them cash for keys, or contact your attorney and start the eviction process if they decline.
Frank Alfano How to Attract Private Lenders for 6+ Unit Multifamily Properties?
20 February 2025 | 4 replies
I work as a commercial mortgage broker and can source the most appropriate debt depending on the deal.