And that number depends on you, your market, your property and your goals.

I think market auctions are better for newer investors because you're able to see the inside of the property and the property will be delivered vacant.If you win you will have to provide a deposit that is held in escrow until the transaction closes.

The location and market demand further made this a great investment opportunity for a profitable flip.

Are you in the market for contracting work, or are you doing your own projects?

I also have no interest in being in the car wash business, or the laundry business, or the AirBnB business, things like that which seem to appeal to a good number of people, but not me.I like to KISS, and just focus on market rate rentals, 12 to 18 month leases.

Our strategy has always been BRRRR, and we live in a historically cash-flow** market. 

Based in Santa Monica, focused on out-of-state markets with strong growth.Not here for sales pitches, just real connections, real deals, and real conversations.

In my market - new build duplexes dont cash flow well but are typically a great 5-10 year investment. 

I understand it’s a different market but I think $1200 is a pipe dream.

The house was on the market for a few weeks, I submitted my offer after the seller reduced the price to $24K.