BiggerPockets

Just need to grab a flippable potential property,minimum net 20k plus profit, and not an optimistic estimate. All work done myself so factor in the labor savings. to make twenty, Gross cost+repairs cant exceed 100k. 30% basically.

Land considered but must be possible to sell in a uniform timefreame.

Bird dog, etc is fine. Gotta get a flip together to pay some things and to regain my skill. I am too rusty, and dont have the time to study the new market enough to doanything soon enough.

Crappy shape is geat for higher profits and preferred.Multi family in this scenario is aplus.

Will consider larger or more expensive, but only if asteal or necessary.

Nah, I always relied on leads. You dont have to buy them if youdont want. Im in no risk poition, so I dont even want foreclosure auctions cuz of the sheriffs deed not being warranted.

I bought about 1 in 30 leads. averaged 100k a house price, average profit was 45,000 those years per home. 3 losses under 10k and only from illness and they sat a year before completion. the 4th and final of them made 70k so I got out alright, 3 occasions 100% profit under a yr all 3 around 125k purchase price.we got about a 45% return predicably avg turnaround 6 mos. Looking at vlosings now, Im not even gonna kill myself. my little sub same 1344sf models run 230k to 595k last 12 mos, all same homes, similar locale per st. And theres a jandful of closes for both price ranges. avg asking price current is maybe 380-400. Its this way county wide, and to me is PUrE risk cuz theres no concrete guesstimate who gets lucky at 500k and screwed at 230.

Im just re sourcing my lead sources for what they notice, and Ill go from there I have too much to study and analyze to hunt right now AND analyze the deals on top of that.

the only truly BURNED money was 145k, factor in a jewish lawyer and the divorce settlement, drugs, 3 shrinks, rehab, hospital, formation of amerikote, and variable rate hikes too. The rest much went in charity, travel, paying on 2 gulf homes, etc and that over 4 years moreso than 3. My wife got me pretty bad when she iced the cake.