It’s a strategy for turning distressed properties into profitable investments.Real-Life Example: Turning a Problem Property Into ProfitAn investor recently came across a small mixed-use building in Brooklyn that had been sitting on the market for months.

Needing advice on how to split profit or percentage on a house flip.

How much should we be profiting from this in order to make it attractive to jump in?"

You can't thrift-store-buy your way to profitability.

@Prav Se Unfortunately, profits from real estate flips are typically taxed as ordinary income, not capital gains, because the IRS classifies flippers as dealers engaged in a business.

As wholesalers, we’re trained to look for distress—motivated sellers in tough situations, properties needing major repairs, or financial struggles forcing a quick sale.

Quote from @Tom Grieshammer: I have 120,000 that I want to maximize long term profits.

I was trying to use the rental profit calculator but it did not have an option that I could see for Canadian towns and Provinces.

@David FurnishCongrats on profiting on your first home and realizing the potential on future endeavors.

Purchase price: $171,000 Sale price: $185,000 Contributors: Peter Vekselman Partner Driven teamed up with Nathan Ward to secure a profitable deal on Day Rd in Leoma, TN.