Not exact matches
This bill, according to experts and city elected officials, addresses an increasing problem of investors who acquire older properties to
flip them
for profit without making needed repairs, such as finding the source of a leak rather than
just plastering over a water - logged wall.
I've
just read «The Millionaire Real Estate Investor» by Gary Keller and I'm almost done with «
Flip: How to Find, Fix, and Sell Houses
for Profit» by Rick Villani and Clay Davis.
$ 42k
profits: $ 21k to contractor, $ 4.2 k to the investor + principal, $ 16.8 k to me + $ 6k commission on the sale, I wasn't looking
for a home run,
just a solid first
flip.
Here are the Show Notes: Currently have 5 rentals and 80k of income and trying to paying off rentals because near retirement Also
flips properties where the goal is 20k
profit He outsources much of the work Got rentals in 2011 and regret not doing it earlier Got hammered in 2008 Got out of the market in 2000 Interest rates are very low which is different that past times which means a good time to lock in loans, stocks are pretty high Real estate is not
for everyone and might have a wrong skill set If you don't want to do the work be a hard money
flipper but only make 10 % (you need to have the money) Don't lend to someone doing their first
flip Need to hire a virtual assistant — 5 properties can manage by self Let go of politics Marriage advice Begin with the end in mind — He already knows his legacy and
just lives it Teaching kids financial principals — mindsets and habits To teach a 12 - year - old — give them money To teach a 30 - year - old — they need to want to fix the money problem Letting go to be happy richersoul.com
If you're looking
for a free resource where you can learn how to
flip houses
for a living or
just want to learn how to rehab a house
for fun and
profit, you've come to the right place.