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I'm new to wholesale investing in the DMV and want to know what flip investors look for in a good deal. What percentage are you All-in "65% - 80%" - what's your magic number?
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The five year plan is 360K gross revenue a year - so before taxes, operating expenses, etc. So the question is: what would this business look like?Conservative estimate is that 10 rehab/flips a year, as well as a buy&...
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Quick question to fix & flippers in the Houston area, specifically the North Houston/Spring area. What is the formula you guys tend to stick with? Currently trying to get my first deal done and was trying to use t...
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Hi All,I'm slowly but surely building my systems/spreadsheets to begin wholesaling, and I was wondering from the experience flippers what is a typical profit margin in the OC/LA area? I'd like to get just a ballpark n...
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I've got some tax questions for all of you pros out there. When flipping homes, what is the best way to structure your company so that your tax liability is decreased? I've talked with several people and they have s...
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I have been trying to pick up a property for a fix and flip locally but am having a difficult time. I've put in a few offers but they are just languishing. I'm looking at properties with arv ~175, asking price ~135 ...
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We have been investing for a long time and have always used traditional banking. This time, we had a 3 month flip, and thought we would use a hard money lender, but when I saw the rates and fees, I was astounded. I ...
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We have several properties we are looking at purchasing but was unsure of where the seller got their ARV #'s - when I asked she said they just use 70% of the retail value to calculate the ARV. What are thoughts on ho...
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Hi, I’m trying to start a discussion on where flippers or rehabbers are able to get deals at 70% ARV consistently in their markets. What strategies are being utilized to attain higher margins ?
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I am a newbie, with no money to start out with I would like to flip and hold, or sell do I need a private lender? Or hard money lender? Which one is better, and why? I am trying to do wholesaling but building this ...