Purchase price: $420,000 Cash invested: $40,000 Sale price: $519,000 This was one of my first flips that I took on in June of last year!

Look for undervalued properties, distressed sales, or properties with potential for appreciation.

(ex: I made $50,000 in three months on the sale of a home which sold in January, can I avoid Capitol Gains to reinvest that money?

@Dequan AllenI can't tell if you're asking either:1. can you buy something that's listed for rent, and not for sale? 

I have been amazed by how much community owners will ask for parks that are posted for sale.We had a community for sale in Orem Utah, about 200 spaces asking $40,000,000.It is not unusual to see Parks that are right in the middle of the city asking $100,000 per space but that would mean CAP rates are down to the sub 5's.

😎I've never required my SF buyers to get lender's insurance in my dozen or so sales, but I made sure to use a REC, not a Note and DofT. 

As I tell anyone interested in real estate sales, you must be in it for the long run if you pursue this industry. 

By law I have to disclose that I'm a licensed sales agent in Virginia, but there's no commitment. 

The second time I sold the property, the young guy who bought the practice handled that sale.

Purchase price: $825,000 Cash invested: $450,000 Sale price: $2,000,000 Our largest flip to date.