To be fair this GC has his estate home next to my project and he did not want to see starter homes going in. we build semi custom highest price in town .. so there was quality of project that also interested him.. this would be a rare event out in the market..

This is all over brother.

I purchased a duplex in May of this year and moved into the bottom unit with the intention of renting the top unit as well as the sf I moved out of which would put me in positive cashflow (the top unit of the duplex does not cover the duplex mortgage entirely on its own). 

This was our first long-distance flip, which was about 3 hours from our local market.

Make sure you come to the Space City REI Meetup this month on Septermber 25th to meet some fellow BP members here in Houston - At The Cannon Event Room near Bunker Hill!

From what I’m seeing in this market (Hoboken, Essex and Bergen county), it’s really hard to break-even or turn a profit.

*This post does not create an attorney-client or CPA-client relationship. 

Remember this is not personal, this is a business. 

Regarding materials, it's not just the units.

I love to learn and love to teach so if anyone needs help in this area I have you covered.