If that is the case they will just book someone else's weekends and you will lose that revenue also.As Colin said, you need to discount the week days to make them attractive during the slow season.

You either have to leave money in the deal, find a lender who will do a higher LTV, or flip and cash out.

There are two requirements to claim REP status1) 750 Hours2) You spend more time on real estate than other activities such as your W-2 Job or BusinessYou want to work with a tax professional who will be able to advise you on what hours count and what hours do not count.Furthermore, the CPA may have a nice worksheet that you can use to help you document your hours.Best of luck!

I don't see anything wrong with that approach but there isn’t a complete alignment of interest (the individual who wants to take over all construction services will want to focus on the projects with the greatest construction fee earning potential; the brokers will want to pursue more for-sale projects etc.).

RE has always been a big thing that always intrigued and in 2024 I went ahead and took the risk of buying a fix and flip investment with a partner and soon it will be on the market!

Different lenders will have different minimum requirements.Hope that helps... 

Quote from @Sumarde Kristoff: im 16 and i wanna learn more about this business, it really inspires me like i wanna do it, so i joined here to learn more about it so in the future it will be easy for me. so what should i learn first?

Ask away. you have found a treasure site and if you follow much of the information here eventually, you will be prosperous. 

Maybe house is worth $100,000, but min bid is $200K, and no one bids until they get it to $50K, then will sell for $95K.

., will really make a big difference.