there are tax implications when you sell your corporation for a profit.

It seems that properties here would be much more affordable and profitable for a buy and hold investor here.

Also, for doing things like Rehabs in california, is the profit margin alot larger?

I am hoping to make my money when the market improves and I sell at a profit 7 or 8 years down the road.

In most cases they already know you're an investor.I tell every seller I come in contact with that I'm NOT a NON PROFIT Organization and I do plan on making a profit.

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.