When making offers I want to utilize the standard 70%-ARV-Profit formula.

The builders that were building rentals are most assuredly going to switch over to rebuilding the higher profit multi-million dollar homes.

. $8900 is not profitable!

I totally get where you’re coming from—staying on top of market trends is crucial, especially when working with profit-focused investors.

With my strategy I have already surpassed a big companies net profit for my client since October.

After waiting out a lengthy eviction and doing nothing more than a clean-out, we listed it with a realtor—and walked away with just shy of $200K in profits!

Quote from @Brandon Vukelich: Question: why would you sell an asset that generates a profit today and will generate a more significant profit in the future?

I have one long term partnership that we share capital but I still do all the work ( rain maker) he is a cpa so he does do the books and tax return though :)  WE built one subdivision together were he put in 500k and I made him 1.2 mil in 18 months net profit so that was not bad.

The reason I ask is at that rent point there is no profit on a sustained hold.   

You are a renter and subletting that people rebranded to make oodles of dollars on.I would also be curious to see how profitable this is, especially as the economy continues to show more signs of major cracks