40 minutes or so, piece of cake.

There's a free networking event this Tuesday in the Yorba Linda / Anaheim Hills area and we always have cash buyers attending.  

Its desirable from a renter's standpoint if you have a garage, but not desirable enough to pay more than $50/mo in most cases, more of like an "icining on the cake" sort of thing.That particular property is overpriced in my opinion.

The last two letters of BRRRR need to be icing on the cake, and that's it.

I should mention that I do not factor in appreciation or "free equity" into something like this; it keeps me more conservative and if the numbers still work then there will likely be some icing on the cake later.

P.S anyone in the Philadelphia market currently doing this would be icing on the cake for me so to speak.

At the end of the day, when you buy right and are sure to have all of your basis and expenses covered by rents + some, any appreciation that does occur will be icing on the cake.

Yo… Flippin Ain’t Easy:Flipping is one of the first things people think of when they consider getting into real estate investing- “flipping” being the process of buying a house for below market price, fixing it up and selling it to make a BIG chunk of money.Shows like “Flip or Flop” on HGTV, make flipping look like a piece of cake.

I am looking at this first flip as an education experience... getting paid any amount of money for education is frosting on the cake to me.I will front the money for the materials, then get back my initial investment before any profit sharing between myself and my partner.He's tapped out of equity at the moment as he has two other projects he's working on, hence his inability to provide capital.We've already been 100% transparent with one another about this and exactly how we want to do it, so I think we're in a good place.

Thank you for both of you.We also found one another store in Anaheim we had half slab with finished state.