Profitable months cover non-profitable months, so budget and expect it.

Of you’re tired of endless negotiations, shotgunning offers to sellers who have no intention of selling, or chasing every “deal” that’s never going to be sold at a price an investor can profit, give this method a shot.  

Wholesaling can be profitable but it sure has a steeper learning curve and requires a strong network of buyers which takes time to build.

@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.

Lawyers profit from the lawsuits, and politicians gain consumer support.

Even with the best Property Managers Real estate is not PASSIVE that said get into the right syndications with the right sponsors and it can truly be mailbox money. 5️⃣ Fix and Flip Properties:With under $100k, you can take on smaller distressed properties, renovate them, and resell for a profit.

my business has currently done 1 flip and we are wondering how much we should take from the profit?

I’m in CA also and paid cap gains on huge profits to the tune of 28%, which included CA state cap gains.

It is a good course.Doing PML correctly is a lot of work but can be very profitable if done well.

but, it's not going to be "profitable" for several years, depending on how you define profit.you'll have a down payment, then closing costs - which new investors always seem to be shocked by - then potentially some costs to get a property rent ready, then you'll pay a month's rent to get it listed and rented out, then you'll likely have some repairs after the tenant moves in.