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1 June 2018 | 10 replies
If your paying $80k for a property that has an ARV of $110k, there is not much meat left on the bone to borrow against or for profit as a flip.
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5 June 2018 | 18 replies
She declined and explained that her client is an investor too and would flip this one if it were profitable.
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3 June 2018 | 2 replies
Like the old adage "what we lose in profit, we'll make up in volume" makes no practical sense.
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1 June 2018 | 5 replies
@Nathan Walden Last time I checked Riverside was top 5 or 6 nationally for total profits cash flow + equity since 2000.
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5 June 2018 | 11 replies
It is rare people offer you a split of total profit unless you put your own money on the table.
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25 July 2018 | 7 replies
Depending on his involvement other than providing the cash you need and it will probably effect his profit split to do the deal.
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10 September 2018 | 96 replies
It’s been my most profitable property.
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3 June 2018 | 5 replies
Although that's like robbing Peter to pay Paul.It really comes down to what hurts worse - paying interest on debt or taxes on profit.
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1 June 2018 | 4 replies
I am currently in contract to sell for 115k and looking at a profit of about 25k.
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1 June 2018 | 2 replies
I ran this report by some REI at a local meetup in Riverside a few weeks ago and for a 5% margin it was not worth it.