Even with the best Property Managers Real estate is not PASSIVE that said get into the right syndications with the right sponsors and it can truly be mailbox money. 5️⃣ Fix and Flip Properties:With under $100k, you can take on smaller distressed properties, renovate them, and resell for a profit.

With a passion for finding undervalued properties and transforming them into profitable assets, they are eager to learn, grow, and build a successful real estate portfolio.

He's had two successful flips so far and after this third one he's looking to pay off the HELOC and roll the profits into his future flips.

I had a chat with them on the phone as i was curious about the funding.. but came to the conclusion that the down payment ( the client made to buy) was probably what they paid for the property and the seller carry back note was the profit.. and then the seller carry back note is sold to yet another investor.. who is investing for coupon money.   

Just don't make the mistake of comparing what someone else profits on a role, to decide whether your compensation is sufficient or not. 

Just keep in mind, the guru will not bail you out in a tough situation, unless there is significant profit in it for them.

Hey @Keenan Patton,This deal looks solid with a projected $60K profit, $435K ARV, and a $13K assignment fee in Northern California.

Since I renovated it to my preferences, the home was able to command $3,500 rent/month with roughly $1,100/month in profit. 

And even if they do, they can change that at a monthly BOD meeting.Plus, since you are going to have to hire out the 1) Property Mgmt, 2) Repairs and maintenance, and 3) cleaning, your profit margin is going to be very slim, particualry in a condo (which will have a much leaner net profit than a basic house.Not trying to be a downer, but I'd suggest looking at another avenue for REI. 

One bad tenant can ( and have) quickly destroyed a year+ worth of profit.