
19 February 2013 | 1 reply
Then focus on whichever strategy (or combination of strategies) gets you to those goals faster.If you're asking what I'd do, I'd focus on a combination of flipping (to generate short term profits) and buy-and-hold (to generate longer-term cash flow).

19 February 2013 | 9 replies
Which include new roof, paint and new gas lines.Wholesale fee $1,500Closing and Holding costs $1,000Total cash in $32,500 (which I am supplying)Estimated selling price $45,000Total projected profit after 5% closing costs $10,250 of which I getInvestor Payout (5% for 6 months = 10% APR $1,250Investor Projected Profit (20% profit split) $2,050So my investment of $32,500 for six-months will return $3,300Does the above seem fair?

28 February 2013 | 23 replies
Is it wiser to ride out the 30 years... or should I double-pay and be ready to make more profits in the 15years?

5 March 2013 | 12 replies
This was something I found out from my years owning a construction company, something I learned to recognize with my financial planning and insurance background, and something I finally implemented with my current investor mindset:Years ago I worked for a builder who would borrow money out of his life insurance policy, he would build a house with it and sell it and put the money back into the policy while keeping the profit.

12 November 2018 | 32 replies
Here are a few reasons why your losses may not be fully deductible:* You do not actively manage your rental so losses are only allowed if there are profits from other passive activities.* You do actively manage your rental so $25,000 in losses are allowed if your income is $100,000 or less.* Your income is over $150,000.

20 February 2013 | 1 reply
Agree to recoup your investment and split the profit with him when it sells.

19 February 2013 | 7 replies
The idea is to get a quick estimate of profitability but why is are taxes/ins left out of the calculation?

15 April 2022 | 21 replies
The margins are often a lot better too on these than on a "clean deal".That said, my biggest wholesale flip profit (6 figures) came from a filed probate case.

17 June 2013 | 11 replies
Before that I worked in new track home construction as a finish foreman for painting and drywall contractors.I find the stock market stressful and difficult to derive profit from.

4 August 2013 | 61 replies
That's why a those in business deserves a profit, isn't it?