After resale costs of commission, legal fees, and capital gains if the sale is in the 6's I might make 200 basis point spread profit.

Purchase price: $189,000 Cash invested: $15,000 Welcome to the crown jewel of Center City, Philadelphia—a standout property in my investment portfolio that perfectly combines elegance, location, and profitability.

I started off profiting $1500/month as soon as I bought the houses (all within 2 or 3 years ago) vs only $300/month with normal rentals that rent to a family.

They take the lion's share of the profit from the ignorant deal-finders.

Sell After RenovatingRenovate and sell the property before you leave to potentially make a lump sum profit, especially if market conditions are likely to improve.5.

They can be profitable but they can also be a PITA.

For instance, having a network of experienced investors can help you navigate challenges and identify profitable opportunities more quickly.Another consideration is the potential benefits of passive income.

The point is to profit by finding a great deal on a property, then passing the deal on to another investor willing to pay more.

The system I use for cash management is called "Profit First".

- Many flippers cut corners to boost their profits.4) Why are you worried about renovation percentages, when most already done?