The difference is your profit.The skill comes in figuring out how to sell it and what to charge.  

Doing anything I can to sharpen my skills. 

Now, he had a vacant flip he could not sell for what he paid for it, he could not finish it, could not rent it and after making paying expenses on his 6-unit building he was netting about $6500 per  month. just about $8500 short of paying his hard money loan.So, investing, getting loans and making a profit is not as simple as many so-called professional say.Some people fall into a deal by accident and make a lot of money, but you cannot you need a lot of skills, experience and wisdom to be successful when luck is not in your cards.

If you're interested in buying and holding or flipping, perhaps you should jump on a contractor's crew to learn some basic rehab skills.

Especially with your skills, have you considered either updating a property with an existing ADU or purchasing a SFR and then triplexing it?

People learn and implement skills at different rates, but always try to be better and move faster than you did yesterday.

She brings a unique prospective on investing and will be talking about Tech, Trends and Tricks of Real Estate Investing.Meghan McCallum is the owner of McCallum Real Estate, and is a skilled investor who does everything she can to make a deal work!

She brings a unique prospective on investing and will be talking about Tech, Trends and Tricks of Real Estate Investing.Meghan McCallum is the owner of McCallum Real Estate, and is a skilled investor who does everything she can to make a deal work!

Right now I've gotten my research skills to clue me into good locations, but still a little late in the running, such that most houses have already had their prices ratcheted up.

Great skill to have down the road with rental properties.