Assuming you use hard money to buy, hold for six months, and have cash to cover closing costs and holding costs (estimate about 12-15% of the loan amount), that should give you a profit, pre-tax, of 10-15% of the ARV. 15% would be if everything is perfect.

In my opinion, the operating agreement needs to outline the investment specifics best as possible and cover as many 'bases' as possible.The agreement should hit these points:• the members' percentage interests in the LLC• the members' rights and responsibilities• the members' voting powers• how profits and losses will be allocated• how the LLC will be managed• rules for holding meetings and taking votes, and• buyout, or buy-sell, provisions, which determine what happens when a member wants to sell his or her interest, dies, or becomes disabled.You never know, keeping it simply may help attract more investors than you think.

Over 30 years we could make a total profit of $79567.20.

Some Pointers on Sandwich Lease Options: * You Lease Purchase the home, and then sub-lease and sub-option to a tenant buyer for a better deal * If you have a smart Owner, an Owner that wants to make money with you, you can do a JV Agreement, where you share in profit over a certain amount (you are upfront about what you are doing: guaranteeing no out of pocket payments to the Home Owner in return for positive cash flow now (income) and a possible profit when the Tenant Buyer gets funded

After thinking about this post, I believe that I'm going to see if there is any way to rehab, even if I have 20k into the property on rehab, I will still be able to profit from it (Rent for a 3br in the area will be atleast $550) and if it has a usable garage, I could rent it out for $75/mo which would be good as well.I think I might just try to get the lot for a dollar...that could be pretty cool :)

Pure Green Profits LLC?

hey guys i was wondering for all the people that are already doing buisness, what kind of software do you guys use to track your business, marketing expenses and profit.

I raised $100k that was used as a down payment and I had a 20% stake in the project’s profit.

I always put a clause in that says, "______ is a licensed realtor and is buying this property under appraised value with the intent to make a profit."

Or the Utah market might tank between now and then and you'll be seriously screwed, because you won't be able to sell the property at a profit for ten years and you'll have negative cash flow for every one.