Andrew M.
starting with a shell
12 March 2007 | 7 replies
the good investor always strives to maximize his profit, getting the best deals he can on price and rehab.
Andy M
New Boston/Cambridge investor
18 July 2009 | 15 replies
Because we dont know exactly how the units will look when re-painting and set, and also the cambridge market can be pretty volatile, (the units will be on the market in roughly 10 weeks from now) I'm going to project a per-unit price of =/- 10%, ie roughly 275 to 340k.Thus:Total sale price: 825-1020Commision (somewhat low, the realtor I am working with to buy the property said she would give me a deal if I also made her the selling realtor for the units): 35-45Transfer taxes, attorney fees, etc: 12kgross sale price: 778-963kSo we get a net profit of:102-275k Looks pretty solid.
Morgan Burum
Downtown Vacant Buildings
13 April 2007 | 23 replies
If everyone were to just wait until others do it, not only does it take longer, but profit margins deminish as opportunity decreases.
N/A N/A
Just Starting Out - What to Do?
14 March 2007 | 5 replies
If you really want to buy, buy a home for yourself at a STEAL, live in it, and sell it for a profit when you're ready to skip town.
Tyra General
New Investor: Advice?
13 March 2007 | 0 replies
If the perks are not that beneficial, I would rather make my first short sale or wholesale deal and use the profits to pay for my own mortgage.
N/A N/A
Home Rehabber/Inspector looking for financial partner in OKC
14 March 2007 | 2 replies
Provide the funds and watch 50% of the profits go right into your checking account once our property is sold.
N/A N/A
Deal not going to close - Pay the Title Company?
7 February 2019 | 7 replies
My estimates had about 15-20k in profit in this deal.
Richard Bader
Can Someone give me advice on foreclosure? fast? Time is ru
14 March 2007 | 1 reply
seems like a $10k-15k profit seems pretty good for the amount of money you'll have invested.
Richard Bader
Can I get some opinions please
24 March 2007 | 26 replies
Things go exactly as expected for the first 5 years, but then you have a terrible tenant and he does $5,000 of damage.In this instance, your entire profit for the entire 5 year period is wiped out and it will take you an additional 22 YEARS to make up the loss (assuming that you don't have any further losses - which is very unlikely).
Andy M
No compete question
16 March 2007 | 6 replies
We plan on forming an LLC, and for my efforts I'll recieve 25% of the profits.