I'm saying it's irresponsible to post your gross without disclosing all the associated expenses because it gives viewers a false sense of success.

hopefully this makes sense  thanks in advance for your answers!

Well...I didn't check every single formula, but the ones I did make sense, and the way you break down everything to the annual and monthly after-tax cash flow looks really solid!

My gut reaction is that doesn't make sense, that I'd rather just do conventional financing at that point.

It makes no sense, considering they paid for the lead and never followed up.

Louis and ask him/her if those numbers make sense.  

Also a LP structure makes the most sense here, so you get out of the developer's way with no decision making.

I've bought a couple deals from wholesalers, and it works out, but when I see the assignment fee that I'm paying, it just makes sense that I should go out and find my own deals--I'll have way more equity and my portfolio will be way healthier in terms of profitability and equity.There's a lot that goes into finding one's own deals--marketing for the leads, following up with the leads, getting them under contract. 

Not in the sense of "I am looking for a million dollars for a deal", but more along the lines of "I am actively investing in real estate and doing really well with it.

It does not makes sense to me since it is parts and labour.