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8 January 2025 | 6 replies
- The inspectors aren't stupid and will see that everything is brand new and then research for permits.Also can't think how you can make this profitable.
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16 January 2025 | 4 replies
There are considerable economic headwinds for 2025 including if equity markets pull back, there could be a reallocation of profits into real estate.
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9 January 2025 | 6 replies
It started with really buying my own personal home, then selling and making a small profit.
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17 January 2025 | 20 replies
Flipping outside your zone can be profitable too, just gotta make sure the numbers work.
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18 January 2025 | 15 replies
It was built using the profits from a new home build I completed in Georgia, so there has never been a mortgage on it.
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9 January 2025 | 13 replies
Theoretically, they split any profit.
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6 January 2025 | 8 replies
While these deals were successful, I realized that the cost of using hard money significantly ate into my profits.
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14 January 2025 | 5 replies
I have stayed profitable, for now.
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9 January 2025 | 9 replies
But again, your profit after selling costs (and any capex improvements) would have to be in excess of $60ok to really make sense.
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11 January 2025 | 31 replies
If you buy it too low, in some jurisdictions they will call it "equity skimming" which is illegal.It can be very profitable, I've done many, but you really need to know what you are doing.