I realize that many people would real estate investing stressful, I would find it far more stressful to be at a 9 to 5 knowing that in order to make more money I would have to work more hours.For example, I just closed a home friday that I made a $17,000 net profit, That would be the equivalent to working a full year 2000 hours at $8.50 an hour, which alot of people do.

50% - 50% split of profits is common with a money partner.

it was the one with a young guy who knew a bunch of his buddies and they were all helping him.he did a great job and things he said were very spot on...the only thing i could see that "changed" a bit without being pointed out was that in the very beginning of the show - he mentioned a 250,000 profit...by the end, it was 140,000 - after the property was appraised.he bought it for i think 500k, lived there for 2 years...did 35k work to it and it appraised for 675,000 [and they didn't show him selling it, just showing it - then the show ended].minna - hope all goes well man - what was your profit margin at 12k for the rehab?

Some rehabbers might need a 10K minimum profit to do the deal, and others may want a 20% profit spread.As a wholesaler, you need to know your customer.

If that won't suck the profit out of a deal, I don't know what will!

It is just simply too expensive and will suck a large part of the profit out of every deal (especially rentals).

i am looking to set up an LLC owned by my Roth IRA. i would like to find someone who can give me a legal opinion on having debt within the LLC, without having to pay taxes on profit, and compensation within the LLC.thanksjim

You get a $3000 non-refundable down payment, $200 Month Positive cashflow (on property you don't own), and roughly $20k profit at the closing table (if both parties exercise the option.

.: 0 Building Frontage: 17.83ft Building Depth: 40.00ftConstruction Type: BrickNeighborhood Type: Residential Year Built: 1901 what I want to do is a double escrow or assign to another investor so I can make a quick profit.

When you sell your primary residence, you can make up to $250,000 in profit if you're a single owner, twice that if you're married, and not owe any capital gains taxes.