
3 December 2024 | 5 replies
My thoughts are that if it’s in good enough shape I can sell to a consumer buying with a mortgage company or if needs work sell to an investor for a discount to make a profit.

1 December 2024 | 0 replies
Taxes, interest, insurance and maintenance will eat into the profit. 2.

2 December 2024 | 3 replies
NOTE: A lower OER indicates a more profitable property as a larger portion of the income is retained after covering operating costs.Hope that helps!

5 December 2024 | 20 replies
Recognizing red flags early are key to staying profitable.

6 December 2024 | 34 replies
Good product, but the enterprise account was way too expensive, so I switched to Profit Drive from the REI Blackbook guys.

9 December 2024 | 20 replies
Anyone who has ever tried selling a successful (profitable) business will tell you it's not that easy!

3 December 2024 | 16 replies
Mark my words though the 2020-decade will be as transformational, transitional, and pivotal as the 1940s.Bottom line--appreciation is where the money is made, consider cash flow a defensive play and way end of the chain of the reasons to invest in physical RE.

3 December 2024 | 21 replies
Leases should match the loan ownership—use your personal name until properties are transitioned into an LLC.

30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?