You want to risk your potential profits by being a little lazy for a day?

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Boise.

Purchase price: $165,000

Cash invested: $50,000

4 bedroom home with a 1 bedroom apartment attached. Originally boug...

They also set you up with a mentor who has a vested interest in helping you do deals because they get a percentage of profits for the first year. the mentor is available by phone, email, or text 7 days a week and help you analyze and structure deals.

They do generate a profit, but with the heat here, we end up having to block them out from June through August. 

The profit center is the coaching program.- Perhaps, once in a blue moon, with a particularly popular “student” or screaming good deal, the mentor actually uses the funds in the account to purchase a property.Do have outright Fraud?

Lesson learned that location is always no.1 factor and quality of renovation is the momentum of it and those two the most profitable combination.

On average, the profits from such a strategy might be higher in Boulder than all but a select few markets in the country (maybe certain parts of SoCal offer slightly better opportunities?). 

Change your story each month as different stories will resonate with different people AND use each story to emphasize one of your “who do you know…” questions.As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why.

If you could turn one home worth 120k into two homes worth 200k apiece (albeit with loans on them), you'll be setting yourself for more rental profits and more net worth via appreciation by being in a better area.Maybe jump down to crete where you can get some smaller homes in move condition around that 200k mark and the rents are really strong there and the better area will give you more appreciation over time.   

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $285,000

Cash invested: $40,000

purchase Price $285k
Renovation Cost $40k (on budget)
Renovation Time: 41 days
ARV...