
30 January 2014 | 9 replies
I've noticed that while a deal may look good on paper, it's the quality of the tenants that will drive your profitability.

31 January 2014 | 7 replies
If the guy manages to give me the property and I can sell it above 38k then I make my profit minus any holding and closing costs, correct?
31 January 2014 | 10 replies
Plus the developer has gotten grants from the state and many non-profits.

14 February 2014 | 6 replies
I did inform both tenants that I was also selling the property so there was no deception on my part.I called my realtor and told him I was heading in the rent direction with this property, and if either of the 2 party's interested in purchasing the house didn't make a solid offer I was going to rent it by the end of this week.Yesterday I got an offer for the 86k guy for 102k less 3k in cc and no other concessions.I signed the offer and will profit $17k on this flip.There where 2 factors that made me decide to sell rather than rent,1.

29 January 2014 | 0 replies
Once the property sells, our investors are paid off and we split the profits 50/50.Ultimately, our investors get their return, my partner would get $ to fund more deals, we are both compensated for the work we do, then onto the next one.Before speaking with our attorneys, I was wondering if anyone here had any insight as to what documents we would need to use, if you've ever worked with partnerships like this, and if there was a certain entity we would need to file the deal(s) under?

29 January 2014 | 11 replies
You are right, try making a fair profit several times not the one killer deal.

11 February 2014 | 10 replies
Something has to give because, save for heating suddenly becoming dirt cheap, there isn't much that can make these buildings profitable.

30 January 2014 | 8 replies
So now if I find a property that deems worthy of an investor to flip and make a lot of $, why wouldn’t I just keep the property for myself and rehab/flip as opposed to selling for smaller profit just to let someone else do it?

15 January 2020 | 7 replies
So lets say you report 100k in rental income and after expenses/depreciation you have a profit of 50k.

29 January 2014 | 4 replies
Since I'm new to rehabs and subject to deals, I feel that paying for professional guidance up front will teach me good habits which will profit me later on, but who do I hire?