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21 February 2024 | 5 replies
One notable project involved a complete renovation, including the addition of 3 full bathrooms and 4 rooms starting from scratch.On each flip, I've generated profits ranging from $30,000 to $80,000.
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21 February 2024 | 8 replies
It's $25,000 for 12 months of coaching, including meet ups where they introduce to private money lenders etc.
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21 February 2024 | 14 replies
Do they include property tax and estimated income tax from the projected profit?
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21 February 2024 | 11 replies
They are being "sold" on real estate providing so much tax benefit that it includes deduction against their regular income...
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22 February 2024 | 50 replies
For those that had loss of use or ALE (alternative living expense) insurance, the insurance company was required to pay for your like-kind housing while you rebuild which includes furnishing the rental as well.
23 August 2016 | 3 replies
You do that because that 35% includes the cash buyer's profit on rehabbing it along with holding costs and other things.
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1 September 2016 | 30 replies
These people include:@Dave Short@Shawn Holsapple@Ryan Mullin@Will Hull@Brett Snodgrass@Stephen Barton@Don HarrisAccount Closedand many more I'm forgetting at the moment.
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1 September 2016 | 4 replies
It appears the units are below market, however with some cosmetic repairs and perhaps some capex's I feel I could increase the rent by at minimum (based on local comps) 68%.I would offer 85% of list and estimated $20,000 in repairs/upgrades (this is probably a generous estimate - the property appears to be in good shape, basically needs a face lift).With all these figures, including the 50% rule, financing with 20% down @ 3.5%, I come out to a profit of $262 per unit and a cash-on-cash return of 9.53%.So, does this seems reasonable?
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30 August 2016 | 8 replies
The the lowest downpayment FHA loans allow is 3.5%), so I would need $ 7,000 cash not including closing cost.
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3 September 2016 | 3 replies
I believe the total cost of the course was around $600 which includes the year long access to the course, and two textbooks.