10 September 2008 | 6 replies
Crediting $200 per month to the purchase price does not help you as the seller and, in fact, reduces your profit at the closing table.I have had great success in having the following:* 5% lower house rent than my competitors (its taxable income any)* Extra Option payment of $300 per month (tax deferred as per IRS IRC 1234)* Guaranteed up to (2) 12 month extensions if financing fails (rent is increased by 5% next 12 months).* Having their Option able to be "marketed and sold" by TBers at their own expense if there is either a family emergency or job transfer (needs to be proven)IMHO, people that 10% into a property will get financed better and easier than No Money Down or 3%.
11 September 2008 | 9 replies
now i know that it never ends up being 80K but that still sounds like a nice profit.
18 February 2010 | 7 replies
Remember to submit a payoff demand to escrow.If your profit is large, share some of it with the seller or use another method.
31 January 2009 | 17 replies
Minimum investment is $50k Due to the soft market we are able to take advantage of another developers failed attempt to turn a profit and we can together enjoy the benefits.
1 December 2008 | 29 replies
We do not make a lot of money on each deal like the good ole days, but decent profits happen based on the volume we can do.
25 November 2008 | 3 replies
Would anyone more experienced be willing to do a JV as a teaching experience for me and split the profits?
10 November 2008 | 5 replies
I have been looking for months in Milwaukee for properties that profit using the 50% rule.
13 November 2008 | 0 replies
by David ParrishIf you're a creative business or cultural enterprise, you are selling goods or services to customers, whether it's graphic design, fashion, architecture, music, or books.But what are you selling, really?
30 January 2009 | 12 replies
Then I simply get my quotes for the necessary repairs, add in my profit I want, add in all purchase and sells costs, and determine my hihest offer price (of course my first offer is usually lower to start) but not always.
11 March 2009 | 44 replies
This spring he virtually disappeared for two months and I found out when he got back that he had created a group that bought half of a pacific island and wholesaled about 200 lots, making himself a profit of somewhere between 2-3 million (2 months profits).