
31 August 2024 | 22 replies
In a year, assuming it all worked out and you liked it you can rpeat at same level or slightly higher priced home if you’re turning a profit.

29 August 2024 | 3 replies
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.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

28 August 2024 | 0 replies
The market conditions in Crocker, MO, combined with the property's solid structure, made it an ideal candidate for a quick, profitable renovation.
28 August 2024 | 2 replies
Once built and sold investor takes x% of seller profits and i take rest of profits. goal to maximize on profit as a town home brand new is worth a lot more than what currently is there (100 year home).

29 August 2024 | 13 replies
You make 80% of you profit in 20% of the time.

29 August 2024 | 5 replies
It’s common to run into unexpected problems that push your costs way above what you planned, which could turn your profitable flip into a financial headache.And don't forget about taxes!

29 August 2024 | 4 replies
Can you pivot or sell for a profit is the difference.

28 August 2024 | 3 replies
Not so much, I think it is their self described "band of scrappy bankers and engineers" actually just trying to create a white label service where the QI has no liability and no effort to expend other than holding the money in some account doing heaven only knows what to make their profit.

2 September 2024 | 24 replies
A long-term hold in those locations will net you great profits decades later. so much so that you'll be able to extract the equity when you need it and not be worried too much about the capital gains because the gains are so great.

28 August 2024 | 32 replies
I am willing to give sponsor most of the profits.