My name is Raffi Dorval, a proud University of Rhode Island graduate and a licensed Real Estate Advisor based in Rhode Island.

@Matt Agnew Flip one of the units with quality stuff, knock out big ticket items, and then list the property as the a value-add opportunity.

Hey Celso, since it’s your first time flipping, I’d suggest starting locally so you can keep a close eye on the project and make sure everything’s moving along smoothly.

I’ve been investing in real estate long-distance for years, allowing me to explore markets beyond my high-cost local area and maximize cash flow in my long-term rental (LTR) portfolio.

Based on your numbers:Total Investment = $272KAnnual NOI = $10,600Cash-on-Cash Return = $10,600 ÷ $272,000 = 3.9%A 3.9% CoC return is on the lower end for a long-term rental, but if you factor in 3% appreciation, your total return improves.

Traditional Long-Term Rental (LTR): If the numbers still work, pivot to a standard 12-month lease.

My name is Raffi Dorval, a proud University of Rhode Island graduate and a licensed Real Estate Advisor based in Rhode Island.

Yuck.If you do the math, a typical private/hard money lender will end up with about 25 to 33% of the profit on a flip.

Investment Info:Single-family residence fix & flip investment in Camarillo.

Working with someone that knows the ins-outs of the market is what you need to do when doing flips, what are the comps, what is going on with that HOA that could cause to decrease the sales price, what the actual model match or close to it sold for...