Happy New Years to you and your family I hope everyone reaches all their goals and has a healthy 2021

How do you cook a healthy meal and write contracts at the same time?

As an aside, see if you can continue to "live like a student" and fight the lifestyle creep temptation at least until you pay off your loans and have a healthy down payment saved up. 

I really don't have that much skin in the game when it comes to changes in the industry. 

Hopefully most of the former with a healthy respect for the latter.

Thank you, prosperous & healthy New Year

Purchase price: $127,000 Cash invested: $26,000 Sale price: $186,900 Quick 3 month fix and flip in Westminster with 26k invested and a healthy profit margin over 10%.

Purchase Price $95,000.00 Estimated Repair Cost $40,000.00 ARV $189,000.00 Purchase Price $95,000.00 Purchase Closing Costs $3,800.00 Repairs $40,000.00 Holding Costs (W/S/G/PUD/etc) $6,000.00 Down Payment (Skin in the game) $15,000.00 Total Invested $144,800.00 Total Cash Needed From Lender $129,800.00 Points charged by lender 2.5 Points added to loan+ servicing fee $4,745.00 Total Loan Owed Lender $134,545.00 After Repair Value $189,000.00 County Excise Tax Rate 1.53% Excise (sale) tax amount $2,891.70 Realtor Fees 6% $11,340.00 Our Closing Costs $3,000.00 Their closing costs (they'll ask) $3,000.00 Total debits at closing $20,231.70 Total cash received if sold now $168,768.30 Total Money in The Deal $149,545.00 Total Profit (pre-income tax): $19,223.30

I find that they are generally more careful with money than a property manager, as the board of directors all have skin in the game.2.

We acquired more properties than any previous year, got almost all of our rent (missing December rent from one tenant) and stayed healthy.