Can anyone share their Economic Model for a flipping business? To clarify....if you made $1mil in revenue, and $400K in profit for the year, the 60% in expenses would be broken down by what? I'm guessing it would lo...
Intersted in learning others experiences in ways to lowering overhead cost on property maintenance.
Hi all. Wanted some input if anyone has any ideas here. We flip houses in multiple markets with mid sized volume (67 closings so far this year and around 50 houses in inventory). We are in the beginning stages of r...
Hi All,So I'm looking into purchasing my first investment property and I'm trying to put together a general estimate of of overhead costs and was wondering if anyone had any recommendations for a local handyman / know...
Hi All,So I'm looking into purchasing my first investment property and I'm trying to put together a general estimate of of overhead costs and was wondering if anyone had any recommendations for a local handyman / know...
on your experience, what has often lead to the best bargains? Personally I prefer short sales as they do not have the legal overhead costs associated with them and you can negotiate from an position of strength with t...
Just recently sold my first flip. What is the current rule on being taxed for capital gain and how can I protect myself to avoid being taxed at a high rate? I've heard that if I buy another investment property within ...
Hello all,As we approach what is very likely a recession or at the very least the economy slowing down what structure (syndication, SPV, fund, fund of funds) do you think would work best for capital raising?Investor...
Let me preface this post by stating I am the type of person that will negotiate at McDonalds. I have no issues asking to see if I can get a better deal or save a buck. I'm pro negotiation. That said, I have been both ...
I recently had to file a claim on my house because it flooded due to My warranty company installing the wrong size compressor in my A.C. unit. When they did this, I've been told it caused it to Completely freeze up a...