Real Estate Investing Gone Bad 2


Real Estate Investing

www.successrei.com Gone Bad Part 2 of Man vs. Beast in the house of the raccoon.



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www.localmentor . com Get more training resources Flipping Houses free here. In this video I show you a house I just bought on Friday. The retail value is 5000, purchase price was 6500. Repairs needed New mini-blinds, removing wallpaper, interior painting, replacing the deck hatches, feeds on exterior trim and deck, updated fixtures, replace the carpet down – totaling about 00. Numbers of very light rehabilitation. We will sell for about 5 km, less commissions of 5% = 270,750 – less rehabilitation 7000-206500 less purchase price = 250 Profit before taxes. 50/50, with my lender = 28,625 Earnings before taxes. I made a gaffe in the video and said 28k AFTER taxes – that is, before taxes.

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