I have a partnership with a partner where we are 50/50 owners of several rental properties. We have taken out a LOC on the equity in our rentals to fund flips. I will find the properties to flip, manage the contractor...
Hello BP!!
My research on RE and MH has made me curious to hear what are others thoughts on a "rule" or standard for your return on investment. I have came across Lonnie deals that aimed for doubling the money. What...
Hi all, anybody familiar with different ways to share profits on a fix and flip between different participants such as passive investors, contractor / project manager and the person that finds the property and gets it...
Does anyone know of any profitable hotel condos or ones that are making their way in that direction?Also does anyone know of any pre-sales of upcoming hotel condo projects?
So I am starting out in real estate, and my mentor(my grandfather) and I just bought our first house to flip. The house down payment was 12k and we are both in 50-50 on both down payment and renovation costs. He has d...
I find very few people who can articulate how they make money through blogging. Having participated in a number of worthless blogs and having written an number of articles for publication, I'm really curious about how...
Call me crazy, but after gobs of research I believe I can consistantly buy/sell distressed (HUD, VA, bank owned) properties in my area and average $10-12k net profit with a average 90 day turn. These would be houses...
To those who do short sales:
How long does it take on the average, for you to get your money, from the day you find a property to the closing table?
On the average, what is the profit on each deal? Or, if you're too...
Hello everyone,I am curious what percentage profit everyone looks at when they are buying a deal.I currently have 5 properties(1.3M equity) that gross $5700 a month then after expenses I’m left with $2636.Is this a go...
Hello everyone,A general question, why is it that I hear some investors talking dollar amounts, i.e. $20,000, when they describe minimum profits that they're looking for? Or some will say they'd like to make 15% on de...