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1 September 2024 | 5 replies
They do generate a profit, but with the heat here, we end up having to block them out from June through August.
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3 September 2024 | 32 replies
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?
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31 August 2024 | 0 replies
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.
2 September 2024 | 9 replies
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?).
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1 September 2024 | 5 replies
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.
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31 August 2024 | 18 replies
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.
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28 August 2024 | 5 replies
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...
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30 August 2024 | 4 replies
The P/L is just that, it shows all profit, and loss (expenses.)
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30 August 2024 | 0 replies
By leveraging our financial resources and expertise, we were able to secure the property and fund the necessary improvements, maximizing profitability.
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30 August 2024 | 1 reply
But as to remaining profits - after those expenses and monies owed on the property are factored in, any monies distributed to you would count toward what would be taxed.