Is it important to have the cash reserves already saved up BEFORE you acquire a rental property, or is it okay to just set aside a percentage of your gross rent to fund the cash reserves after the investment property is acquired?

The remaining 1 million have a higher percentage of owner occupancy and also higher median income.

@Adam MaciasLet’s turn the tables on this, what percentage of so called real estate investors bought a property in 2023There are 2.5 million accounts on BP.

JonSo if I am a full time investor that flips for a living what would my tax percentage fall under for Capitol Gains?

I would recommend breaking out the roles and responsibilities into percentages and then working from there.

However the land value is passed on in the overall value and the finishes is only a small percentage higher than Home Depot quality.Where I am seeing some flippers screw up is the quality of the work is horrible and clients are noticing.

As noted above, investors or cash buyer will have a considerable advantage if sellers can 'save' 2-3% or any percentage. 

Hey Ronnie, You would need to sell them the property at 80% ARV minus repairs so they can get at least a 10% profit margin (which is more than 10% ROI because it's a percentage based on ARV not on money invested) after covering realtor commissions and closing costs.

There is a large percentage of buyers who balk at signing one.

You don't need to wait until July if you do not want to offer a commission percentage to the buyer's agent.