Because then you end up doing more and more and more, to the point where you've blown your budget and your time schedule and you'll most likely end up with a loss.

A lot of people use 10% of revenues as a budget number.

It will not cash flow because you do not have repairs budgeted in.

That'll be worked into every rehab budget from now on for sure.

Does the general take care of hiring licensed subs and obtaining work within a budget I allocate him?

Total Click Through Visitors: 136Converted Visitors: 89 ROI: TBD (one converted visitor will pay the monthly expense; anticipated ROI on 89 is in excess of 250K)PPC works so well that I'm increasing by marketing budget for Adwords to approx. 60% of my overall spend.

By no means, dont take it as " I'm rushing ", I have a strict budget, and will be followed.

Property taxes are used to confiscate wealth to pay for items where there are laws that MANDATE balanced budgets.

I know it's a little stressful when your first project runs over-budget and over-schedule (but you know, they almost always do one or the other, if not both).We finished up one last month, we're wrapping up another in about 2-3 weeks, and we've been actively looking for our next project.Like you said, it's so rewarding to turn a "dump" into a "dream home."

As a wholesaler with a marketing budget, you won't make any money with a $1,000-2,000 margin on your properties.