Can find stuff down in Macon that is 1% but you will spend sooooooo much money on repairs and chasing rent it won't be worth it.

I don't spend a lot of energy on worrying about that.

And it's written under the pseudonym of Sean Cook by Paul Kaseburg.Paul’s sat on both sides of the table on over $2 billion of real estate deals.

.- Spend your time and energy on getting deals, not on imitating podcast hosts.Good luck.

Quote from @Luis Maza: Hi all, returning to the game this year and would like to pick your brain a bit, we started working with a wholesaler that will send us properties here and there with the "wholesale" price, but every time we check the properties and add the numbers, the margins are, well, I am not sure, too low perhaps, maybe we are getting to picky, but this is my dilemma for example...Today we got a property, wholesale price 300K, rehab about 50-60K, ARV is about 440k, but with the cost of hard money, we have about 100k cash, hard money interest at 11%, keeping the property for 90 days while we finish the rehab, closing costs,  commissions, we ended with 30k profit before taxes, while it sounds appealing, adding up all expenses and cost we ended up expending 50K on rehab(labor/materials) and about 50-60K with cost of the loan, interest, commissions, etc, everyone makes money, happy with that, but it seems that we are working to produce a 100k for everyone else, while we make 20-30k if everything goes well...In my opinion, we are not really getting "wholesale" price, it seems that we either buying to expensive, rehabs are much more than we would like to spend and the cost of borrowing that money is too high...We came up with thoughts as: lets fund it ourselves with money from a close friend/partner that we will bring in, and that would save us 10-15k here and there, but still, is that the norm now?

Amount of money you spend matter (big players spend tens of thousands of dollars per month on marketing).

By the time you spend the labor on re-facing, you can often demo, and install new cabinets for about the same amount of money.

Spend like cash for medical weight loss, hormone therapy, IV infusions, aesthetics, specialty treatments, supplements, and more!

Spend like cash for medical weight loss, hormone therapy, IV infusions, aesthetics, specialty treatments, supplements, and more!

Most people would spend a minimum of $25 PSF for a light remodel- replace kit cabinets/counters, floor, paint.