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25 February 2025 | 8 replies
It’s very hard to fix a bad deal.
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4 February 2025 | 1 reply
Creative Freedom: You get to design and transform spaces, which can be personally fulfilling.The Bad: Where Flippers Lose Money⚠️ Underestimating Repair Costs: Surprise structural issues, contractor delays, and material price spikes can kill your budget.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?
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27 January 2025 | 4 replies
In some cases, federal tax credits like those for low-income housing or economic development might also apply if the project aligns with certain goals.Instead of buying the land outright, developers often lease it from the tribe, which can reduce upfront costs and sometimes come with favorable lease terms.
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5 February 2025 | 54 replies
Is it just a bad rule of thumb for an investment if you can't get positive cash flow for the first year or two?
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16 February 2025 | 5 replies
•The short-term rental market is competitive, but that doesn’t necessarily mean it’s a bad investment.
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6 February 2025 | 4 replies
While I wait for my work history, I want to build credit and save for a down payment.
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23 February 2025 | 10 replies
Negative cash flow is not bad.
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4 February 2025 | 3 replies
What’s the best way to do this to avoid any bad tax repercussions.
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23 January 2025 | 23 replies
Almost every partnership fails and many end like a bad divorce.