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Results (10,000+)
Austin Green Thoughts on short term rental in Franklin, NC
25 January 2025 | 10 replies
The key is to differentiate your offering!
Charles Evans New House Hacker
22 January 2025 | 13 replies
If that's the case look into finding a handyman, and make sure to shop around for the best price.Stuff I have ran into:lost keys/lockpicking [hired]broken washer [fixed myself]shower door [fixed myself]AC clogged [hired]Microwave broken [replaced myself]holes in the wall [fixed myself] Thank you!
Kylie A. Buying In small towns
12 February 2025 | 17 replies
However, having both a DSCR and fix and flip lender at the ready who is fine with rural properties will be key
Vivien Martin New member from the Chicago area!
18 January 2025 | 17 replies
Do you have a price point you're targeting and are you looking for turn-key properties or something along the lines of a "fixer upper"?
Stepan Hedz Would You Take on This Flip? Or Too Much Work?
5 February 2025 | 8 replies
I’ve seen deals get locked up in hours, so having my numbers ready ahead of time is key.
Chris Magistrado Are these numbers in The House Flipping Framework book correct?
12 February 2025 | 3 replies
Here is the statement expanded to include formulas for doing one flip per year, two flips per year, five flips per year, and ten flips per year: One flip per year: If you start with $50,000 and do one flip per year, aiming for a 35 percent return, your progress would be: Year 1: $50,000 + (35% × $50,000) = $67,500 Year 2: $67,500 + (35% × $67,500) = $91,125 Year 3: $91,125 + (35% × $91,125) = $123,019Two flips per year: If you start with $50,000 and do two flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (0.7 × $50,000) = $85,000 Year 2: $85,000 + (0.7 × $85,000) = $144,500 Year 3: $144,500 + (0.7 × $144,500) = $245,650Five flips per year: If you start with $50,000 and do five flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (1.75 × $50,000) = $137,500 Year 2: $137,500 + (1.75 × $137,500) = $378,125 Year 3: $378,125 + (1.75 × $378,125) = $1,039,844Ten flips per year: If you start with $50,000 and do ten flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (3.5 × $50,000) = $225,000 Year 2: $225,000 + (3.5 × $225,000) = $787,500 Year 3: $787,500 + (3.5 × $787,500) = $2,756,250The key points remain the same, which is to aim for a high return through flipping, reinvest the profits to compound the gains, and be disciplined in order to build significant wealth over just a few years of this real estate investing strategy.
Scott Weston Highlands Cashiers Market
23 January 2025 | 11 replies
The key thing to remember about STR in Cashiers is that our "season" is really only about 12-16 weeks.
Alan Asriants Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
This is primarily due to two key factors: low inventory (leading to tight margins) and high interest rates.
Jacob Anderson New Member Introduction
19 January 2025 | 4 replies
Have you considered Turn-key
Warren Peasley Selling primary residence / new home into LLC?
29 January 2025 | 7 replies
Those are some keys I think to my own ability to thrive.