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11 June 2024 | 12 replies
The interest rates are too high, the projects always run long, and you will deplete your margin by using a construction loan.
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12 June 2024 | 10 replies
if you only had a $300 profit margin per month on a unit, what happens when taxes and insurance have gone up by $2,000/year?
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12 June 2024 | 20 replies
Honestly no, margins generally get even worse at lower price points, not trying to be a dream killer, I just know so many agents just make crap up or just haven’t flipped so they don’t understand the numbers involved, it’s near impossible to find anything I do a few hours a day everyday in 15 counties looking for deals on the mls, through wholesalers etc & I haven’t bought anything in over two years.
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10 June 2024 | 22 replies
I know that putting more down means a lower mortgage, no pmi, and leaves big margins to cash flow on the house.
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9 June 2024 | 40 replies
Furthermore, I don't know in what direction I should go for decent liquidity as well as profit margin.
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10 June 2024 | 27 replies
A good piece of advice is to hold on to all your good stuff and transfer any marginal or questionable stuff into better stuff.
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8 June 2024 | 31 replies
I am willing to invest in renovating the place to reach profitability.What I am looking for: - Decent margin of safety as opposed to highest yield possible.- Low operational cost- Good seasonality markets- Should be easier to operationalize service via property managers remotely.What are some of the strategies that have worked?
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10 June 2024 | 28 replies
End of the day though very nice margins on a 2000 sq ft single level that I sold for 800k and my lot coast is 140k permits 30k..
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7 June 2024 | 2 replies
There is not much margin of selling or leveraging the equity.
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8 June 2024 | 25 replies
@Bud Gaffney great margins in Dominican Republic!