This is an emerging market in a very strong metropolitan market (Charlotte, NC.)This seems like a good way to build equity and potentially make a good profit or continue to rent our after 2 years.

I like properties with the biggest profit potential personally.

To clarify: If I sell homemade icecream (investment of 50$) a 100$ profit can be good but if Ben&Jerry makes a 100$ profit (investment of ????)

I am fairly new but what i have so far in my learning is that u can pretty much find comps anywhere but that doesn't mean there actuate, and as far as estimating in some book and programs they tell u to pick a number, for example what i have learned is that depending apon the shape of the house going from ugly to real ugly to junk 10,000, 20,000, to 25000 and also depending apon the size needing to be in the area of 1000 to 2000 square feet then to take these unreliable number in to this formula ARVx70%-repairs = MAO and back off slightly for profit now like i said i am new so ,but i do know this is complelely dumb for me use do gurus bring your answers and add your knowledge or subtract from this and tell us newbies how to correctly run the numbers and come up with offer that guarantees u money even if u have to flip the deal over to and end user of course that is if it sales lol...

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?