.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

. $20,000 profit after realtor commission.

Start small, ensure your numbers (purchase + rehab + holding + selling costs) leave room for profit, and build a reliable team (contractor, agent, lender).For financing, work with lenders who specialize in fix-and-flips. 

**Joint Venture Agreement**: If you are partnering with another wholesaler or investor, this contract outlines the terms of the partnership and how profits will be split.

We did a couple recent ones that were on market, fixed them up and got them to market after the remodel with a profit.

Caveat is that you should be reinvesting those profits back into other smart investments so that you aren't missing out on compounding gains. 

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. 

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.

this is a direct relation to lack of inventory.. new construction on many markets is as robust as its ever been.. we have had spectacular years the last 3 years of course during covid was tough with supply chains but my 500k house I am now selling for 700k and my build cost have gone up by maybe 100k.. so record profits for us.. 

I gave them $50k and they lent it out to flippers to make a profit and paid me interest on it.