All Forum Posts by: Nick Baldwin

Typed on an iPhone- my apologies for the grammatical errors.

I am fairly new to actively investing in real estate- however, I don't consider myself a newbie when it comes to understanding the economy and markets. I hear a lot of discussion about a potential all market correction or being close to a bubble burst. Assuming that is correct- I have mixed feelings- what does that look like? Does that simply mean the end of 15%-20% annual appreciation on real estate? Does it mean that the pace of houses being bought slows or comes to a complete stop? Or do people really anticipate a crash which results in a loss in property values of over 10,15, or even 25% or more?? Are investors still just getting over the sting of what happen in the hosing crisis and being overly cautious of what could possibly happen? We are currently getting, at least in the Tampa Bay market, back to values of pre crash. While those numbers were inflated at that time I don't think they are inflated for today's economy and incomes. Was the actual "market correction" the rapid increase over the past few years to get to where we are now and we are just reaching the point of where we will see property values rise at normal 50 year averages?? - this is what I currently believe is happening. This is a long post but it's something I have thought about a lot over the past year. I'd like to hear the opinions of true economist and long time investors- Or anyone else with an opinion :)

hey guys I am wonder what you guys are seeing as typical profit margins on your flips in Pinellas?

I've talked to several people and have gotten different types of answers from- "I look to make $x per flip" to "I look to my x% of my all in amount".

Looking to make a certain percent of your total investment makes sense to me as that's how you can compare to other types of investments.

However, I'd like to hear how you guys measure your profit and what you look to make per deal, if that is something you are comfortable discussing?

hey everyone- I am a new member her and relatively new to the business. I have recently setup an LLC and am looking to do my first real fix and flip.

I have made a few offers and continue to look for great opportunities.   

I look forward to networking with you all and make sing some good connections.

As of now I feel confident that I have a good grasp of how it all works- I've got my cash on hand and my realtor connection- the last part of the equation is the right property and the GC- I have a full time career in another field so for the first bit I am goi g to rely on someone else to help me

If anyone has any advice/opinions or contacts please message me

I look forward to getting to know you