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Results (10,000+)
Adam Bergman New to BP. To Buy and Hold or Flip
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).
Fred Dray My first flip...Is this a good deal?
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?
Matt M. Worth it to pay double and have mortgage paid off in 15 years, or ride out the 30 years
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?
Bill Gulley How Many Investors Have Related Financial Sales Experience?
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.
Tim Smith How do high wage earners benefit from real estate related tax deductions?
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.
Patrick D. Fix n' Flip, Rental or....
20 February 2013 | 1 reply
Agree to recoup your investment and split the profit with him when it sells.
Rich Cavanagh 50% rule question...
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?
John Thedford Does Anyone Solicit Using Obituary Notices? How To Find Properties That Are Inherited Or May Be?
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.
Fred Dray Newbie from Glendale, CA
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.
Anthony Palmiotto Are Lonne Deals Dead - SAFE Act?
4 August 2013 | 61 replies
That's why a those in business deserves a profit, isn't it?