Nicholas Santangelo
limited partnership flip deal
9 January 2025 | 2 replies
I’m reaching out with an investment opportunity in a real estate flip project, and I’m currently seeking a limited partner to join me.With a strong track record of successful real estate investments, I am looking to partner with someone who shares an interest in capitalizing on the potential of this market.
Lance Turner
STR/Campground in Flood Plain
14 January 2025 | 4 replies
Quote from @Andy Tack: Hi Lance, we are developing a project that is partially in a flood zone also.
Monty Alston
Need creative advice to pull equity out of my home ?
12 January 2025 | 14 replies
Borrowing against your paid off house without an income puts way too much pressure on the success of whatever deal/project you decide to pursue.
Treza Edwards
New Construction Rental Property
13 January 2025 | 6 replies
For me to build I would want to see recent comps of sales for the finished project you are planning.
Robert Kemp
How to Structure a Partnership
9 January 2025 | 6 replies
It's very hard to say if a 50/50 cash flow split is good without seeing the numbers for the project.
Daniel Segovia
Adapting to the Current Real Estate Market – Challenges and Opportunities
9 January 2025 | 2 replies
The best projects I've seen from my desk are folks who are doing hyper-targeted, well-researched deals that are generally in higher cost of living (there are exceptions) areas.
Luis Marin
Sell or Rent How do we identify what is best for us?
4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
Mitch Smith
What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
Beyond the lessons from the projects themselves, building a business that’s efficient, diversified, and focused on the luxury market has been a game-changer.
Julie Muse
Team Effort Pays Off: Stunning 14th St Flip Success in Fond du Lac!
3 January 2025 | 1 reply
Purchase price: $58,500 Cash invested: $55,000 Sale price: $155,000 Contributors: Peter Vekselman Partner Driven and Carol Tarnowski teamed up for a transformative project on 14th St, Fond du Lac, WI.
Portia Dampier
Seeking Advice on Coaching/Mentor Programs for Real Estate Investing
3 January 2025 | 10 replies
I have every intent to complete my very first fix-and-flip project in 2025!