I cleared $10k on my first one.We ended up clearing $30k on the second one.The last flip was very stressful for my wife and she wants to keep our finances (HELOC) out of the next one.I am going to look to find a financing partner to cover the carrying costs of the next flip.On a $400k house (average for my area), the total investment would be $85-$95k and would be paid directly to the lender and subs/suppliers, not to me.I can bring the lender, as I have a good rep with the one I use.I will do all the rest.

Today, I wanted to dive into an exciting topic that’s revolutionizing our industry—technology in real estate sales.With so many new tools and platforms emerging, I'm curious to hear from everyone here about the tech solutions you’re finding the most valuable in your business.

Typically, though, the terms are spelled out pretty well...at least I know they are here in our Florida contract.

Purchase price: $189,000 Cash invested: $90,000 Sale price: $375,000 Our first flip.

By best suited for section 8 I mean they are far away from our other rentals so it would be nice to not worry as much about having to track down rent.

He comes to our meetups as well.

Theoretically, we are on track to retire in our mid 50s. 

At the end of the day, we invest in real estate for the money, but the money just buys us back our freedom and time. 

I would have a roommate living with me for $1000 and we would split utilities for our unit.My concern is that with 70k liquid cash, I would get emergencies in the property that I may not be able to cover right away.

This deal was sourced through our partner, Seth Choate, who identified the opportunity in the Stockton market.