Investor haters came out strong in the comments on this one. To add more context for my real estate people, this particular house I am selling was/is being marketed as needing cosmetic repairs/renovations which is why it’s priced $60k below the renovated comps in the area.

Bought this at the foreclosure auction yesterday for $230,100. 2020 build. ~2,500sf. Southern suburbs of Atlanta. Property was occupied, and all my driver could get were street view pics. Hoping it’s cosmetic only being a 2020 build. Should be able to sell for around $320k

I don’t pull permits on my flips. On the SPD in GA, there’s a question that asks if permits were not pulled when work done required them. I mark Yes, explain what was done, and tell the buyer’s agent we do quality renovations. Every time I’ve had to do this, no issues. Here’s

If you’re making several hundred thousand a year net, the last thing you should do is take out a loan to buy a vehicle. If you don’t have enough cash to buy it outright, you shouldn’t buy it at all. No stock bro can tell me differently.

At our peak, my wife and I were netting $120k per month after business expenses. We did that for 12 months straight. Then the Fed started raising their rate from near-zero in Jan 2022 to 4.25% by December. Mortgage rates skyrocketed. Transaction volume began drying up. Since

Here’s how the auction went Tuesday. Bought 1 property for $230,000. Ended up bidding on 12 (rest got canceled). I was pretty close to the winning bid on 2 others. Got crushed on the other 9. Some ended up going for what I was planning on reselling for. Lots of dumb money at

One of the dumbest things I hear investors say: Wholesalers should never make more than the flipper. Think about that from a purely logical standpoint. You’re saying that if a wholesaler negotiated such a good deal—say they locked up a property $100k below what the market would

Curious what experienced landlords think about this: If a tenant won’t grant access for a routine inspection or HVAC service, do you push back — threaten breach of lease, potential termination — and actually follow through? Or do you let it go? I have the clause everyone should

Recently had a discussion with an investor who averages 60 flips at a time operating in multiple markets. That’s a massive amount of exposure. All it takes is a shift like we saw in 2022, and he’d be staring at serious losses. During that time I only had two flips going on.

Here’s what hard money typically looks like for a brand new flipper today: Loan amount: 85–90% of your total costs (purchase + rehab) Costs: • 3 points at closing • $1k–$1.5k in misc fees • 1% monthly interest (interest only) 12-month term to pay the lender back. That’s