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6 February 2025 | 5 replies
but if i go in a LLC with them i get hit with the tax from the sale of the homeThe GC and the flipper were just going to split the profits from the sale of the home and they were going to pay me 2%/12% for the duration of the build.
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7 February 2025 | 3 replies
There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.
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3 February 2025 | 31 replies
If I profit off of you buying real estate, then yes!
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4 February 2025 | 0 replies
Was sold above the asking price within days of listing.High ROI: Achieved a 50% return on investment due to low renovation costs and increased sale price.Investor PerspectiveRecognized the potential others overlooked by seeing beyond the property's initial appearance andm aximized profits by investing wisely in visible, impactful areas.
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23 February 2025 | 5 replies
However, if you choose to stay there for a bit and sell you'll get the first $500K of profit tax-free if you've lived in it for at least 2 out of the 5 years prior to sale.
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5 February 2025 | 1 reply
After staging, it was sold to a retail buyer for a strong profit, demonstrating the potential for significant returns by buying from motivated sellers, renovating strategically, and selling at retail.
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5 February 2025 | 0 replies
The home was then sold for a profit, providing a strong return on investment.
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14 February 2025 | 37 replies
If I believe I can generate enough profit this year and navigate any potential inspections next year, I’d be comfortable moving forward—using the income earned to cover any necessary upgrades.An alternative exit strategy is to document the financial performance and sell the property as-is, highlighting its strong short-term rental income.Think through your next five moves, from best to worst-case scenarios, and make a decision that aligns with your goals.
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13 February 2025 | 10 replies
My banker needs to make a profit from me, he's in business, too.
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8 February 2025 | 9 replies
Do you typically keep profits in the US/USD?