Lafayette is small and centrally built, so all the DUI recipients can still walk to the bars and to the softball fields.It's an exceptionally depressing life in Lafayette, you should be able to turn quite a profit there.I would totally invest there, if I could guarantee I'd never have to go back.

Hello Guys,If I invest $ 1 Million dollar in a real estate development project and the net profit for this project is 100% or 1 million dollar , how much tax should I expect to pay for this profit?

I looked, offered $80k and after a few months renovating made $30k in profit.

Great question, my research on them is they've been up and down over the last 5 years and just recently finally posted a profit.

Beware about banking in the future ..also I would say are you really that hard up for tenants that you’d allow a drug business of profiting off people’s misery to be part of your business plan .

@Adam WidderHow much profit are you expecting to make?

#2 sell the house i am currently in, take the profits go and buy another house to live in and use whatever money is left over to buy a duplex and or condo etc to rent our full time or air bnb it (i think condos would be easier to maintain than a sfh?...)

Just this week I had a client convert a flip into a rental after it sat on the Oakland market for over a month at a price that would have yielded fairly low profit, and this is someone with a track record of successful flips in years past.So I guess this is neutral-to-good news if you're doing buy-and-hold and finding a way not to compete with the owner occupants bidding based on emotional appeal inspired by a reality TV show, but bad news if you're trying to be the next HGTV rockstar flipper paying MLS prices. 

The formula using .65 is showing the price at which (35%) equity would be taken out, in order for fixers/flippers to pull profit from. 

Even if you can get 1250 your deal is well under 1%And not A very profitable investment for cash flow considering the list price .