Maria Murphy
Develop, then sell and/or rent?
12 January 2025 | 2 replies
I have 2 options:- finance the construction pre-selling the apt, and take my profits (expected to be around 700K pre-tax); or- finance the construction with a 6-7%/year loan (collateral = my house), keep the 10 units, and once the building is completed in 24 months, rent them for circa 180K/ year gross.
William Fisher
Figuring out percentages of contractor/ lender partnership
9 January 2025 | 4 replies
To establish a 50-50 ownership in both the property and future profits, you'll need a formal agreement outlining each person's contributions and rights.
Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
16 January 2025 | 2 replies
(I am a silent investor, the developer is doing all the heavy lifting, and we split profits at the end)
Riley Smith
What is the difference between a Cash Offer and a Novation Offer?
12 January 2025 | 0 replies
Cash OfferARV $180,000 - $55,000(Rehab) - $14,400 (8% fees, CC, HC) - $40,000 (profit) = $70,600 MAONovationARV 180,000 x .95 =171,000 (EST.
Julie Muse
Grainfield Gem: Partner Driven & Amanda Frecks Flip Main St for Big Gains!
8 January 2025 | 0 replies
With Amanda Frecks as a partner and a clear plan for strategic improvements, it was the perfect fit for a quick flip and profit.
Daniel Baker
Considerations when selling.
15 January 2025 | 6 replies
If it's a good rental and you don't need to sell, sit tight but if you can sell at a profit and reinvest into a better property I would suggest that.
Taha Tekreeti
Anyone invested with Ace Properties?
15 January 2025 | 10 replies
He knows his stuff and is really good at making IG videos: his brand is a very clever mix of being super humble, telling everyone profits are less than you think and then flashing some fat $$ he made by selling to his investors.
Jennifer Miniuk
About To Sell First Flip...Now What
14 January 2025 | 1 reply
How do we minimize taxes on the profit we're making on this first home?
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
But, the profit margins look to be eye-popping, sometimes on the order of 10X or better.
Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
One, I made a profit; other one, I kinda even out.