30 January 2014 | 8 replies
So now if I find a property that deems worthy of an investor to flip and make a lot of $, why wouldn’t I just keep the property for myself and rehab/flip as opposed to selling for smaller profit just to let someone else do it?
15 January 2020 | 7 replies
So lets say you report 100k in rental income and after expenses/depreciation you have a profit of 50k.
29 January 2014 | 4 replies
Since I'm new to rehabs and subject to deals, I feel that paying for professional guidance up front will teach me good habits which will profit me later on, but who do I hire?
29 January 2014 | 5 replies
However, what you're describing sounds like a situation where you might be in that other 5%. ( I've had the luck of buying in gentrifying areas, and have profited from it- that's really how I got to the point of being able to invest in cashflowing properties) It doesn't sound like this is too much of a risk (assuming you are fully accounting for all expenses in your numbers, not just rent minus PITI), or would require too much time and or money to get into.
2 February 2014 | 2 replies
Once the property sells, our investors are paid off and we split the profits 50/50.
29 January 2014 | 5 replies
I don't know anything about your market but that property doesn't sound like it could produce 70k+moving expenses+profit.
4 February 2014 | 6 replies
“Strong home price appreciation in many markets boosted profits for flippers in 2013 despite a shrinking inventory of lower-priced foreclosure homes to purchase,” said Daren Blomquist, vice president of RealtyTrac.
31 January 2014 | 2 replies
But there is a decisive difference in the types of "Crowdfunding" and any Industry (for profit) must clearly define it's self.Then I read of all the talk that an investor must be accredited and how can we now be sure the person is accredited.
30 January 2014 | 17 replies
When you sell, we split the profit 50/50%.
31 January 2014 | 2 replies
My question is, should I hold onto the SFR hoping to gain more appreciation but risk wiping out any short term profits or sell now, take the money and really make it work for me?