I’ve had investors that initially bought SFRs in CA and accumulated about $400k - then sold the properties and now are actively buying fixers, small homes and value add properties where they use the $300k to purchase and improve and make between $200k to $300k per year in gross profits when selling a renovated or improved property.

This is neither good nor bad; and many times can be profitable if they are a legitimate wholesaler with a real track record of wholesaling.

However, since interest rates jumped up in 2022, new construction starts have dropped a ton in the area, so within the next 1-3 years the amount of new supply coming into the market will drop a ton, and we should see demand outpace supply again and start seeing organic rent growth come back. 2015-2022 you would see 3-10% organic rent growth per year depending on the property and submarket. 

How to take, save, display, and organize pictures. 

Sold at a profit.

Investors who invest for capital appreciation find it more profitable to invest in these markets due to the low cap rates.There also may be a higher barrier to enter for investors who are not well capitalized.Gino

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

A boiler building will operate less profitably than a furnace building.

So he basically got a house for free, plus 24k profit to keep for himself.

But this also lets you bargain by saying "you say it makes money but you have never claimed any profit".If you like it and then you get a lawyer to draft a contract with all the Details, detailed out even more and push for a closing day.Once that is good to go, you make a new business then do a DBA form if you want to keep the existing name for recognition.The buyer does NOT need a representative like Real Estate, it is fairly uncommon for buyers to have one.