Yes, you can make the whole thing profitable.

I have a question regarding taxes after selling a property. Lets say I sell a property and make 20,000 off it after all fees and agent commission, how is that 20,000 taxed if I want to cash out on it. And is that some...

commercial all mostly depends on the income as in my experiencei have made quite some good profit but lost many as well. however, residential is better since financing is much better. commerical determines on rental coming in AND track record. if you don't have some good quality tentants...finding the loan is difficultthankssunsmicro

Leveraging with debt can accelerate your growth and profit potential, but it comes with more risk.Check out the following post for some more insight on the subject.http://forums.biggerpockets.com/viewtopic.php?

Over the same 20 year span, these are going to yield much better profits, even considering the 150X place has a 3-4 year head start.I guess my point is that depending on your overall strategy, then ones evaluation of where the market is headed can be a legit reason to wait.

You will find a niche' to profit in and enjoy doing.

Let others critique your reasoning.You'll be more profitable that way!

After spending 9 months fixing them up, I had a contract to sell them for a very strong profit after less than a week of listing them.

In my own limited contractor experience, I always figured my time and materials as accurately as possible and then factored a 10% profit margin on top of that.I would think that any software would have to somehow be locally calibrated, because material and labor cost can vary dramatically from region to region.

I am not an expert at land lording but I like it.I like to wholesale properties, I have been helping clients wholesale for about 2 years and have started doing some myself this year, By years end I will have flipped or wholesaled around 10 properties with profits execeeding $100,000.