Then, Carpet, retexture walls, paint and repaint cabinets.

This is something they can choose not to insure or to charge more for, unfortunately there doesn't seem to be much we can do about it.What I find frustrating is that they'd rather I rent to someone fresh out of high school who isn't going to school than the exact same person who is.

I was looking at a 4-plex near my home and saw that there were probably 20 identical buildings on the same street, all looked identical except for paint, etc.

It is one building that is divided into 3 separate store fronts. 2 of them are currently leased, but he was honest and said both business had already violated their leases and are now on month to month and he can give them 90 days to vacate if he chooses.

When given a choice, a sales guy working on a desk at JP Morgan or alike, will choose to work with their capital market counter-party simply because the trade is larger, which also means more money for the sales person.

, invest in real estate, do private lending, etc. and grow your wealth tax-deferred (or tax free if you choose to use Roth sub-account that is available to you with the Solo 401k Plan).

When you do the flips with little margin (paint and carpet) there is a lot of players, littler paychecks, and more stress that you might have been off on a comp.

Haha, I tried to "refinish" a fiberglass tub in a mobile home with plastic spray paint.

Which include new roof, paint and new gas lines.Wholesale fee $1,500Closing and Holding costs $1,000Total cash in $32,500 (which I am supplying)Estimated selling price $45,000Total projected profit after 5% closing costs $10,250 of which I getInvestor Payout (5% for 6 months = 10% APR $1,250Investor Projected Profit (20% profit split) $2,050So my investment of $32,500 for six-months will return $3,300Does the above seem fair?

I had to re-rebuild a shed as it was not the exact material they require, and also found out I couldn't replace wood trim on the house with vinyl as that book requires wood trim painted a specific color until all owners on one street agree to all replace with vinyl at the same time.