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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.
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29 January 2025 | 12 replies
As a property management company in Washington, we help owners navigate these challenges and optimize profitability if they want assistance analyzing their property or planning future strategies.
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7 February 2025 | 31 replies
The best strategy is to buy properties that need fixed up with hard money/HELOC, fix them up, the refi out to pay back your HELOC/hard money.
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31 January 2025 | 42 replies
It's difficult to have a site with the functionality of BP that works the same on an app; a lot of designers are moving towards phone-optimizing language that essentially gives you the website on your phone without you having to pinch or drag to make the view make sense.
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21 February 2025 | 29 replies
Dig into more of why you're investing and if cashflow is the short term goal there are markets and strategies for that, ask anyone investing in the buckeye.
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26 January 2025 | 5 replies
I'm new here, and am ready to start investing my time into learning the strategies to get my first rental in 3 months.
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11 January 2025 | 4 replies
First off, I really like how you’re thinking beyond just the renovation.. you’re creating a tailored investor strategy that builds excitement around upscale features.
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13 January 2025 | 4 replies
.🔹 Partnering with Trusted Local Experts – Engaging experienced and reliable builders, architects, contractors, and surveyors is essential for a safe, efficient, and successful rebuilding process.Recovery isn’t just about getting back to where you were—it’s about creating something better.
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31 January 2025 | 12 replies
It can simplify end-of-year paperwork, but you’ll want to confirm the details with a tax pro.3.Long-Term Game PlanPaying out of pocket and keeping your medical receipts can be a great strategy.
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29 January 2025 | 0 replies
The trick is to know the market and have a solid strategy for your approach.