My Brother and I, after 11 years each in the business and about 8 years apart from partnering together (he got married and started partnering with his wife), are about to start teaming back up together and focusing on...
Lender is high bidder at auction and bids minimum bid so no money is
owed to Borrower. Lender then lists the property for sale w/ a real
estate agent and property sells at a profit over the original auction
bid. Can t...
Hey Everyone,Just looking for some opinions here.Did anyone take on a massive project for their first flip? What were your experiences. My thought was to take on a small scope of work to build some momentum and then b...
When baby #2 was conceived, I knew it was time to get out of our 2 bedroom duplex that we rented. I also knew that I didn't want to pay more than the current $850 rent, even for a bigger space. The solution? BRRR of c...
Hey guys I had a quick question : If you don’t feel comfortable answering by all means you don’t have to.
QUESTION: On average how much do you think you make per year on wholesaling?
Starting out how much did you m...
I have recently made an agreement with a private money source to fund my house flipping endeavors. They have decided to take a percentage of the profits instead of a percent return of money invested. As neither the fu...
Ok so I am a total newbie to the investing industry but I have been in sales for the last 5 years.
I would love to meet some people that know the game and want to make money together. I am very lucky to be in a th...
I have a realtor friend that is strictly focusing on listing homes with the possibility of negotiating shorts.
He's from Miami/Ft. Lauderdale which was the posterchild for over inflated home prices last year. Now it ...
I posted this under the rehab section - though I might get more play here...
Short version of my question :
After much research I believe it would be relatively easy to consistantly turn houses for a quick $10-12k n...
I was just thinking, if I were to flip a house and sell it for 25% more, what would that get me in terms of profits, because i know tax takes a HUGE chunk from the sale. If I sold it for 25% more and tax takes out 25...