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An alternate title for my post could be 'Flippers and the Law of Diminishing Spreads'!
I am in the Las Vegas market and am running up against the same issues I am repeatedly hearing for other markets in that the ...
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I was hoping to get some advice. I just feel like I'm not looking at this from all angles and I want to make sure I'm coming to the table with a win-win scenario. My brother in law is selling his rental; it needs work...
We are redoing our kitchen, and lets say the cost is 60K+ 12K profit/Overhead (20%), includes cabinets, countertops, etc.Why do contractors calculate profit based on total cost including materials. If I chose a 40$ pe...
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My brother and I started an LLC, bought a house, renovated it, sold it. Now we have some profit and was curious if there’s anyway to put the money into another vehicle to avoid the taxes on profit. Looking back I woul...
Im familiar with a standard wholesale transaction. But I'm looking to wholesale a mobile home in a park. It has great profit margins asking 10k, arv 200k. Great right? But what do i do exactly? A little overwhelmed be...
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In my 20 years of experience, buyers always pay for all closing costs when purchasing "off-market -wholesale properties". This ensures that there is always a fixed profit element in mind when negotiating with investor...
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Community, I am working with at least eight of you in evaluating Smoky Mountain properties for investment. We are seeing a lot of price cuts right now. Keep in mind that a cut from $800K to $700K doesn't necessarily...
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So after countless hours of scanning multiple markets, I’m wondering if prices are too inflated in the hot markets for a great return.
Before I get into the markets I’m considering: my question is: in which of these...
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If I buy a house at a significant discount and do very little work, what problems might I run into when I try to sell again at market value within a month?
Here are the numbers:
ARV $185,000
Repairs ...
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I have a cash provider partnering with me in flipping houses this year. I've been doing my homework and developing a business plan for us to abide by throughout the process. However, I'm not sure which way I shou...