The property manager must make a profit, otherwise there is no incentive to provide the service.

When starting out it’s a pretty good deal for someone lend you all the money and you give them 50% of the profits.

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.

Then you 2 would agree on how you would split the profits once the property is generating cash flow and the original equity is returned.

Not wanting to sound like an attorney, but companies like the teaser because they are on firm legal ground: so long as company clearly tell consumer prior to purchase when they must cancel by [knowing statistically enough will not comply in time to make the teaser marketing profitable] be it rebates on computer software that many folks will fail to mail in, or real estate CD w/â€mentoring†or whatever that some unfortunate folks will not timely cancel, or Chrysler minivans forget to return….Legrand was very ethical each time I or my partners have tried his teasers [no Mr.

I am in Florida and we have a strong STR market and most of my buyers bought at high rates and using AirDNA we were pretty spot on for the numbers and we were successful in being profitable.  

I think you run a real risk of your second rental eating up the profits you're enjoying on the first one.

The hard part on every fix and flip is to find a property with enough meet on the bone to make a good profit.

The profit was used to buy a higher quality SFH in the same area.

My first property was paid off making me only $1000/month profit.