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2 December 2024 | 9 replies
Cause you don't want to tell the original seller how much profit you're making?
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2 December 2024 | 6 replies
Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.
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28 November 2024 | 10 replies
Profit split (20–50% if the deal does well).
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5 December 2024 | 20 replies
Recognizing red flags early are key to staying profitable.
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2 December 2024 | 19 replies
Engage with property managers for insights on rents, expenses, or off-market opportunities, and request financial documents like rent rolls and profit/loss statements from sellers’ agents as part of due diligence.
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28 November 2024 | 8 replies
Any business can be profitable if done correctly.Look at your own video.
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4 December 2024 | 8 replies
The new property has to perform enough better than what you have to pay the higher interest rate on the higher balance, AND ADDITIONAL profit just to payback the $65k you lost selling.
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3 December 2024 | 9 replies
I currently own my home I live in (not paid off) and have one rental property that’s fully paid off thats profiting about 1k a month.
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2 December 2024 | 29 replies
Flipping houses in the current real estate climate with higher interest rates impacting long-term rentals offers exciting possibilities.Given the strong seller's market in the Dallas-Fort Worth metroplex, including Garland, selling your flipped property could yield a quick turnaround and potentially higher profits.
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1 December 2024 | 134 replies
Everyone wants to buy a foreclosure until they get to see inside the property.Look at what this guy won at the tax foreclosure option.https://www.13abc.com/2024/02/25/buyer-beware-local-man-buys...It's not always pretty, profitable, and fast flipping like they show on TV and YouTube.