Wishing you all the best as you take this journey.

I wanted to wish a Happy Holidays to everyone on Bigger Pockets.

I thought it would be fun to start a thread where we can share our craziest fix-and-flip stories, biggest "oops" moments, and the golden nuggets of wisdom we've picked up along the way. Whether you're a seasoned pro o...

Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball

Many of us on here wish we were thinking about real estate at that age.

. :) Wishing you the best in your business. 

I live in California.I also wanted to know if there was anything you wish you had known before setting up an LLC/IRA and why you chose to set one up and has having one met your expectations?

House-hacking in a multi-family unit is one strategy I wish I had been aware of when I chose to purchase my first property.

Quote from @Brett Riemensnider: Wish I didn’t have to post this but I am torn on what to do.

i wish i had better news for you but it's probably not feasible in the short term to replace your W2 income with rental income.