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30 December 2024 | 6 replies
., set salary, percentage of profits, or other methods)?
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30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
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20 January 2025 | 19 replies
That being said WE CHOSE TO DO THIS. so to the 2 so called "investors" who are here trying to slander us claiming we are "scamming them" or trying to convince them to buy a property under these conditions.....thats false as none of this is necessary to wholesale a deal and make profit......Over half of these investors arent even familiar with what wholesaling even is and so when they get upset about something that has to do with their property....because we offer to help them out....they immediately point the finger at us as if whatever happens to their property is somehow our fault.
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3 January 2025 | 8 replies
Since 2020 we've seen large asset value increases and large tax increases, and more modest insurance increases but we've been able to improve our profit margins sufficiently to keep up with inflation and even do a little better in many cases.
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4 January 2025 | 14 replies
The combination that this niche offers first-class care to those that need it most and the potential for it to become profitable for many years to come definitely has me interested in learning more about opportunities investing in RAL.We are renting in our current assignment, but we will PCS in about a year and a half.
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1 January 2025 | 0 replies
May this year bring you strategic wins and profitable ventures in an evolving market landscape.
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9 January 2025 | 107 replies
Not that there isn't some opportunity, but investing from afar, I don't really have the chance to get a crew that can do the rehab on the homes that I think would turn a profit.
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30 December 2024 | 6 replies
You track all of your expenses the same way irrespective of profitability.
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7 January 2025 | 22 replies
Higher property taxes can eat into your profits, so it's essential to factor this into your calculations.It's worth asking yourself if you'd want to live in the markets you're considering.
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31 December 2024 | 20 replies
Many investors focus on short-term returns and rent growth, but my target investment vehicle is people.By focusing on workforce development, education, and community stability, we’re creating a system where tenants and stakeholders benefit over decades.The time horizon is long—70+ years—but the goal is to ensure sustainable growth and community value far beyond immediate profits.3.