Calvin Jones
wholesaling
22 November 2015 | 2 replies
These costs are: The Flipper’s Profit (how much the flipper wants to make on the flip)Repair Costs (how much it costs to fix up)Fixed Costs (how much the deal is going to cost the flipper, including holding costs and transaction costs on both sides of the deal)The Wholesale Profit (how much the wholesaler wants to make)For those who would rather see a formula, it looks like this:MAO = [ARV] – [Flipper’s Profit] – [Repair Costs] – [Fixed Costs] – [Wholesale Fee]Let’s use the example from the beginning of this post, with Jim, Tom, and Deborah.Jim did his homework and knew that the After Repair Value of this property would be around $110,000.
Damein White
Best way to use $100,000 cash
31 August 2022 | 12 replies
I also like @Jim Pellerin's answer a private equity type deal where you are an LP is really nice, i have done a lot of these and have seen great returns the past years, tho the returns are thinning up a bit due to bridge debt market drying + interest rate and cap rate increases
Wences Lopez
100% Passive income
25 August 2022 | 23 replies
Earning a Series 65 license would allow you to work with firms that require accreditation, opening more options for you within syndications.I highly recommend joining @Jim Pfeifer's Left Field Investors as well.
Account Closed
Buy single-family home in cash or finance a multi-family property
17 August 2022 | 18 replies
Quote from @Jim Pellerin: Quote from @Elena Coney: Hello everybody!
Antonio Coa
Have $500,000 to invest but I'm not sure where
12 September 2022 | 103 replies
Quote from @Jim K.: Quote from @Antonio Coa: Hi all!
Shante Gaines
HI!Newbie from Louisville Ky interested in starting wholesaling !
9 March 2017 | 10 replies
@Jim Wilcox thank you i will certainly take a look at that tab, haven't checked that out yet will do today!
Brian Knox
How to handle hurricane effects.
19 September 2017 | 6 replies
@Jim Shepard I think you are approaching this the correct way.
Donald Thomas
Help... Newbie is drowning...
7 November 2019 | 42 replies
@Donald ThomasI had similar thoughts as Dennis and Jim.