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4 June 2024 | 9 replies
You should keep a 10-20% margin per clean depending on the market.
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5 June 2024 | 15 replies
This provides wiggle room in your operating budget and when executed on properties with strong margin, you should be able to pull all of your cash out and repeat.
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4 June 2024 | 8 replies
I can't tell you how many investors I have spoken with that chase low margin apartments and they want nothing to do with Commercial because they know nothing about it.
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3 June 2024 | 5 replies
Worst case, figure out which one has less risk and more upside, take that one and offload the second to someone else for a fee and you still get a return on it even if its marginal in comparison.Personally I would offload the family one to avoid that cloud unless you can for sure do them both.Good luck!
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3 June 2024 | 0 replies
We were interested in the condo deal with Cindy and Damon Robbins due to several key factors: High Profit Potential: The purchase price of $294,500 and the sale price of $634,888 offered a significant profit margin.
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3 June 2024 | 0 replies
We were interested in the 6th St E deal in St Paul, MN, due to several factors: High Profit Potential: The property offered a significant profit margin, with a purchase price of $135,000 and a sale price of $265,000.
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3 June 2024 | 2 replies
We were interested in the Mount Zion Blvd deal in Ellenwood, GA, due to several key factors: Profit Potential: The property offered a clear profit margin, with a purchase price of $165,000 and a sale price of $234,900.
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2 June 2024 | 112 replies
The bigger the margin the better chance you will do well You are not getting " value add" for the reasons I mentioned.
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3 June 2024 | 47 replies
If the home is old, lots of trees, and the deal is marginal, I would get a sewer line scope.
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5 June 2024 | 274 replies
These are tight margins.