Too many are locking up properties at retail prices and tacking on outrageous assignment fees, leaving no room for investors to profit.

I think you run a real risk of your second rental eating up the profits you're enjoying on the first one.

Plus macroeconomics here in Columbus is booming right now because of developments from Intel, Meta, Amazon, Honda, and lots of major companies building out here.

The hard part on every fix and flip is to find a property with enough meet on the bone to make a good profit.

Its all legal and now you only have to maintain a place for 5 groups. 1) you can get a heavy cash deposit down for the ownership. 2) they pay quarterly for expenses that funds the overhead. 3) everone has a share of profit when you or they decide to sell for a higher price.

The profit was used to buy a higher quality SFH in the same area.

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.

My first property was paid off making me only $1000/month profit.

Then you 2 would agree on how you would split the profits once the property is generating cash flow and the original equity is returned.

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