How do I calculate whether buying a piece of land for 30k is worth the investment if im buying, fixing (build) OR wholesale and flipping it? anyone have a good method or system to calculate land purchases?
So when buying a profitable business, what is a rule of thumb - when it comes to years of making your money back. Ex: Business makes 1.25m annually you purchase business for 5m . Good deal or bad deal? Is there a...
Hello Everyone,My name is Mike Radomski. I live just outside of Buffalo, NY in a suburb called Hamburg, NY. I have a beautiful wife and two boys, 10 and 11. I currently work as an IT Director for a very large state...
I am buying an old house built in 1953 that has problems. The house is slightly settling in the back and the plumbing is "iffy". It's basically a lemon and if I get an inspection performed, it will not pass. That bein...
Does anyone know about buying these types of buildings?
Looking for some input on how to break down the profits. Let me propose a few scenarios: First three buy and hold rentals.1. Person A finds the property and negotiates the deal, manages the property. Puts in 50% of do...
I would like to purchase 13 properties on a terrace Street. It is owned by the UCC denomination and is designed for retired clergy and their spouses to live in affordable housing. Ministers don't get paid much and are...
I was wondering if anyone can tell me how I should be thinking in terms of doing calculations on trying to make an offer on a wholesale deal for a potential buy and hold investor vs. a fix and flip investor. I kno...
I own the book and audiobook of “Buy it Rent it Profit” the author refers to the appendix PDF often. Does anyone have the digital file? Has anyone created digital version of these docs? It does not matter the format...
Thanks in advance to any/all feedback. I presently own a two family rental in the North burbs of Boston. I have a little over 100k in equity but the market here has been crazy and I was thinking of selling it to buy...