If you have a total of 10 subs (demo, electrician, plumber, carptenter, tile guys, flooring guy, roofer, landscaper, drywaller, painter, HVAC, mason, asphalt, concrete, tree guy,.. that's 15) and you pay every one 2k more than budget, that's 20k-30k and poof there goes your profit.

I guess I understand that now as he is trying to make worthless information sound useful.In addition, before you join they tell you that you will get a "free" data tree account.

At the very least you'll need typically:- demo guys- electrcian- plumber- carpenter- floor guy- roofer- tile guy if you have to- drywall crew- paint crew- landscaper- tree guy- concrete/asphaltIf your contractor marks up everuy trade by 5k thats 60k in markups.A typical flip takes about 500 to 700 man hours.

Investing in real estate is like planting trees, they do not bear shade or fruit in the first few years, if your horizon is 10+ years you will be very happy you took action earlier in life.

I also live in SD, but my partner and I are investing in MFR buy and hold / BRRRR in the Morongo Basin (near Joshua Tree Nat'l Park). 

I operate in a space that's too small for true equity outside of friends and family and those relationships don't grow on trees so I make due with the relationships I have (which are comparable to most) and rely on my financing fundamentals and my knoweldge of zoning and land use to create imputed equity to compensate.

We used to do granola bars, but we've switched to Kind Breakfast bars because they're similar to granola bars, IMO better, and being a breakfast bar, it makes for an impromptu breakfast with coffee and tea (provided in all properties) for guests who roll in late at night and wake up with no other food in the house.

location dictates a lot of RE wealthYup, that's right ;-)But about housing affordability, we are barking up the wrong tree.

I will be moving to Columbus GA soon but wanted opinions on which market to start "planting the trees" for success between Columbus, GA and areas in NC.

We have a nice, large lot (7500sf, level, no trees) in a prominent NR3 zoned location in Seattle, currently serving as a grandfathered duplex.