Also I'm working on a few commercial projects at the moment as well!

For a truly passive experience you'd probably need to be an investor in private equity deals or be a silent partner on a project.

If you don’t mind a little more advice…when I’m running projections like this, I like to use the worst case scenario and if the numbers don’t work out in that scenario, I usually pass on the deal.

- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.

Welcome to BP, I’m an agent here in the Phoenix/Scottsdale area and I work with a lot of investors on fix-and-flip projects, rental properties, and off-market deals.

For that same capital, I can buy a run down project and renovate.

For large apartment projects, it is not practical to demand the return of all letters before closing.

Can you DIY projects and cost cuts? 

Detroit is going through massive revitalization.

Purchase price: $170,000 Cash invested: $60,000 Sale price: $280,000 It was my first project.