Kenny Dutton
California, Chico State student
18 September 2018 | 2 replies
You are off to a good start. you are welcome to view any of my projects when I am flipping a house.
Daniel Rosado
Best Business Structure for Real Estate Investing
27 September 2018 | 2 replies
Sorry, I know there's a lot of material out there on this topic but I still can't seem to make a decision on what type of business structure makes the most sense for me.I'm just starting out, but my plan is to start out with wholesaling and "fix and flips", and eventually get into buying rental properties.
Landon Rasmussen
I only have 10k to spend on cosmetics, what should I spend it on?
22 October 2018 | 14 replies
BUT if you are going to flip it....the buyer is going to ask for the roof to repaired.
Daniel Carroll
Contractors Needed in Chattanooga TN
18 September 2018 | 0 replies
I have a flip closing this week in Chattanooga TN and am having trouble locking down a good contractor to do run the project.
Martineja Coats
Wholesaling High Priced Homes
1 October 2018 | 5 replies
Assuming we are talking single family, very limited exit strategies/investor pool (high-end rehab/flip, STR/airbnb, rent by room model).
Drew Y.
Quick way to determine if your Portfolio can Survive a Recession.
19 September 2018 | 1 reply
So based off this calculation I determined that my portfolio is strong enough to move on with my expansion plan into a new market.Business expenses as % of total expenses : 70% 1) Fixed Expenses: a)Monthly Mortgages: 45% b)Property Taxes: 18.7%c)Utilities Expenses: 14.8% d)Licenses & Insurance: 5.4% 2) Variable expense - Water bills + repair expense : 16%Personal Expense as % of total expenses: 30% My monthly living expensesa)Housing: 39.7%b)Child Care: 25.4%c)Living expense: 22.2%d) Food: 7.9 %e) Insurance: 4.8Income 1) Total Income - 100% A) Rental Income: 42% B) Wage income (W-2) : 26 % C) House Flipping Revenue: 23% D) Property Management Revenue: 5% E) Stocks/Dividends: 4% Please let me know if you would like help walking through this process as it has been super helpful to understand my financial situation or send you the spread sheet I used.
Aaron Hess
Military newbie in Alaska
19 September 2018 | 3 replies
I am considering doing some flipping here in Alaska to create some capital and perhaps do some rentals once I get back to the lower 48.
Earnest Young
Wholesale Real Estate in Washington State
7 October 2018 | 2 replies
I have also built relationships with several contractors in the area as well so flipping is another are of interest.
Darryl Jackson
I would like to know how to flip a house
18 September 2018 | 3 replies
Originally posted by @Darryl Jackson:How can I get into real estate and how much do I need to start up Flips on average take 6 months and cost $30k to $50k to rehab and sell.
Landon Belk
How many properties do you flip a year?
20 September 2018 | 2 replies
How many houses do you generally flip per year?