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22 February 2025 | 1 reply
Bathroom:Demo & Prep ($750):DIY toilet, vanity, and flooring removal.Professional plumber for plumbing adjustments.Toilet ($250):Standard, efficient model.Vanity & Sink ($900):A modest-sized vanity and sink combo.Flooring ($500):Wall Tile (Shower/Tub Area) ($1,000):Basic ceramic tile for the shower/tub surround.Shower/Bath Fixtures ($250):Update showerhead and faucet.Lighting & Paint ($250):DIY painting.Update light fixtures.Permits & Contingency ($3,000)Total rehab cost: $30,500Amount Needed: $30,500ROI: 45% of $30,500Investment Duration: 30days Profit: $13,725Total payout in 50days: $44,225EMD: The buyer has put down a 20% earnest money deposit based on the property’s ARV and they are all set to complete the purchase as soon as the rehab is done.To find out more about our Joint Venture projects, please visit our website: http://strandparkproperties.comWe're able to guarantee the return on investment (ROI) by finding buyers for the properties before listing them on our website for possible joint venture fix and flip.
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20 February 2025 | 7 replies
The BRRRR method is a great way to quickly build up a rental portfolio and considering you are in one of the fastest appreciating markets in the US, you will be able to profit off of appreciation as well as rental income.I am a real estate agent for off-market distressed properties here in Fort Worth, Arlington and surrounding areas.
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17 February 2025 | 1 reply
Higher property taxes in Worcester, coupled with a lower average household income, make profitability more difficult to maintain.
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7 February 2025 | 6 replies
We are a not for profit member community that has tons of networking events, educational seminars and vendors to help you in any journey you find yourself attracted to.
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5 February 2025 | 8 replies
Hey @Brett Baker, generally, any place with a great water view or directly on the water will bring more revenue.Of course profitability will all be based on purchase price and prevailing nightly rates in the area.If you find a cool 2/2 or 3/2 right on the water with a great view for 1.5m or a 2/2 or 3/2 house a block away for 600k, then I would look at the house over the condo.
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11 February 2025 | 11 replies
You both clearly have experience dealing with this firsthand, and I want to see if there's a way to balance enforcement with profitability.
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18 February 2025 | 8 replies
Or is your plan to take their equity as your profit?
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23 February 2025 | 5 replies
You're just making profits for the lender.You could also sell #2 if you bought off too much house.
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22 February 2025 | 11 replies
.- Is your goal to be financially independent, nice retirement, or just have a nice little profitable side hustle?
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6 February 2025 | 1 reply
If the land is in a suitable location, this could open up opportunities for developing 2 homes or even selling off one of the lots, which could lead to a good profit.