I bought what I think was a really good deal, but I can’t see how I would make as much as I did on this project if he were to price it normally…For context:Buy price: $140kRenovation cost: $70k (was originally 50, but found many problems with the house)Sell price (hopefully, I still have it): $260kI also borrowed money for a family member, so subtract 20k from that profit.Any tips on how to increase my profit margins once this contractor no longer gives me a first time flipper discount?

All the deposits are accounted for on the closing statement so they are subtracted from what you pay them in our statement.

If I lend 30K for 12 months at 12% I only walk out with $1600 if I subtract the attorney fee alone + any other related fees.  

Unless landlord wants to pay all utilities (you don’t) utility allowances are subtracted from FMR.

You can always rework it if needed:ARV (After Repair Value)*.8=your all in costsThen subtract rehab and cost of acquisition=offer price.Hopefully this helps.

I'd say a good rule of thumb is to subtract 5-25k from your subject property depending on the class of the neighborhood (higher adjustment in higher class neighborhoods).

Net income means income after subtracting deductions.

Just list your monthly income, subtract all expenses (including debt payments), and make sure every dollar has a job.

You subtract all your business expenses (marketing, technology, driving, CPA etc) - and you get "net profit" which is what is being taxed.As my colleague pointed out, it's not capital gains technically, it is taxed basically the same as your fire dept job.

I do not say this to be mean, but I do not have confidence that the primary will “cash flow right away”    Take the rent multiply by .6 the subtract P&i    This reflects a 40% expense ratio.