Got a question for the masses. How well would I do, if I started a clean out business? Like, go into a house, clean everything out and down to the studs including old wire and such. How often would it be needed and ...
So I’m in the process of doing my first flip this year and I’ve been analyzing deal after the deal & ive been thinking is it really profitable? If I pay $8,000 down for the loan and $17,000 in holding cost & f...
When you are analyzing flip deals, what kind of profit are you looking for? I’ve seen some say they want to be “all in” for 70% of arv and I know some might settle for 80-90% if the turn around time is short and it’s ...
Hello,My father is looking to sell his house but wants the profits from the sale to go to me in my name. Is this possible without a quitclaim deed? The property is in NYS if that means anything.Thank you!
I am planning to invest in a property with 2 other persons. I will bring 42% of capital. Person A will bring 42% of capital and Person B will bring 16% of capital. Person A will also do all labor work i.e buying and r...
What do you guys look to get out of a flip house? Is there a percentage of what you put into it that you want to get out of it? How do i know if I'm making a profit worth putting the time in for?
I did this flip a while ago but never posted anything because it felt like bragging. However I find myself reading and enjoying, and learning from other members posts almost on a daily basis so I figured this is my c...
As a new investor it's very easy to become extremely greedy as you begin to sell your first set of properties. What should be expected return be on properties for your first year out of the box? Or can you set such a ...
I currently own a profitable property in Cypress, Tx (~20K net) and live in San Jose, California in my own home. My wife and I have been interested in property in the Lake Tahoe, CA area as a mixed use investment (i.e...
Hi All,
I'm writing my first yellow letter and plan to send out to probate, absentee and driving for dollars contacts.
We've got a little different model and can accept donated & bargain-sale properties, so I'...