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Updated over 5 years ago on . Most recent reply

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50
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Mark Caudill
32
Votes |
50
Posts

I made money flipping my first house! Now What?

Mark Caudill
Posted

Hey BP,

So we have just sold our first flip and have another under contract. We made a profit from the first and will apply it to the next one. Since this is the furthest Ive made it in my REI career. I have a question for our more experienced members.

As you became more profitable in the beginning in hindsight, what would you have done differently in setting up your financial structure for the long term.

Most Popular Reply

User Stats

1,829
Posts
1,242
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Brian G.
  • Rental Property Investor
  • Los Angeles, CA
1,242
Votes |
1,829
Posts
Brian G.
  • Rental Property Investor
  • Los Angeles, CA
Replied

@Mark Caudill call a CPA that specializes in RE ASAP. My $.02 and you can keep the change!

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