Zaid Badabwan
Flippers salary or profit?
I am new in property flipping with two other partners. I would like to know if we should have salaries for our work? or wait until profit is realized at the end of the year? Is paying salaries reduces profit and there...
David Oldenburg
$160K Profit Fast Flip
Investment Info:
Single-family residence fix & flip investment in Merced.
Purchase price: $170,000
Cash invested: $6,000
Sale price: $350,000
$160,000 profit after all expenses in just 2 week...
Aaron Mazzrillo
$300K investment = $29.7M profit
Check out this video on Yahoo about two guys that paid $300K to buy a house to flip. Turns out the garage was filled with artwork worth $30M. Guess I need to be more careful what I throw away when trashing out a house...
Joshua Pfaff
Apartment Complex Profit analyzer
Hello there BP,I was wondering if anyone had an excel or some type of spreadsheet that you plug in the numbers for apartment complexes to show profit gain over the years along with operation costs?Thanks
Carlos Solares
Profit Percentage in Partnership
Hello BP family, I have a remodeling company. In 2010 I created a partnership with an investor. The investor has 95% of the business because he provided the majority of cash. I invested a smaller amount, manage the co...
David Oldenburg
$160K Profit Fast Flip
Investment Info:
Single-family residence fix & flip investment in Merced.
Purchase price: $170,000
Cash invested: $6,000
Sale price: $350,000
$160,000 profit after all expenses in just 2 week...
Stephanie B.
House flipping profit issue
Just to explain briefly, just sold a house in June that was flipped with a joint venture partner. His main responsibility in the project was financial while mine was project management and more hands on. Long story sh...
Lexi Blevins
Flip deal profit structure?
Hey everyone! I am a realtor and a real estate investor in Atlanta. I’ve done five fix and flip deals so far. I have a new investor partner that has all of the money and is willing to carry the mortgage. They have hav...
Logan M.
Pets, Planning and Profits
Last week I was watching a presentation from one of our most respected local investors. He said something about pets that I felt would be valuable to share.This investor said "I love pets, they equal profits", this t...
Jim Stepan
Taxes on Flip Profit
I have just gone into contract on my latest flip and will be making nice profit of around $350K! This is our largest profit yet and wanting some input on ways to save on taxes. We have a CPA but looking for other idea...