31 August 2018 | 1 reply
How should I split up the profits from a deal where I bring the deal and will manage the property and my partner will bring the money?
27 September 2018 | 2 replies
Alternately you could sell them one at a time and reinvest the profits from each into multiple properties. $200K would buy you 4 or 5 - $200K properties with 20% down.
31 August 2018 | 2 replies
However, we would all still like to have an equal split of profits and costs after the purchase.
3 September 2018 | 6 replies
If the residents like the properties, it shows up in $$$ in potential profit and cash flow.
3 September 2018 | 21 replies
Personally, if I had to wait until you were profitable running a B&B, which you haven't done before, I wouldn't take the deal.
1 September 2018 | 19 replies
After we get rid of mortgage insurance our remaining gross profit will be right around $270/month.
31 August 2018 | 2 replies
Max allowable offer came at $185 for a desired profit of $30k ROI 15% but for my very first deal I’m good with anything between $20-30k.
1 September 2018 | 2 replies
Gross revenue- expenses= net (profit).
11 September 2018 | 3 replies
I do not mind paying for a level of assistance but I see using a full time manager limiting my chances for a profitable property.
2 September 2018 | 5 replies
I do not mind paying for a level of assistance but I see using a full time manager limiting my chances for a profitable property.