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Real Estate Investing Video Training – Land Trusts
June 25, 2010 By 2 Comments
Assinging Contracts – How to Wholesale – Real Estate Investing Training Video
June 13, 2010 By 6 Comments
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Real Estate Investing Video Training – Title Companies
May 30, 2010 By 1 Comment
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Real Estate Investing Training Video – How to Flip A House Part 1
April 24, 2010 By 3 Comments
www.localmentor.com Get more Flipping Houses training resources here for FREE. In this video I show you a house I just bought on Friday. Retail Value is $285000, Purchase Price was $206500. Repairs needed New mini-blinds, remove wallpaper, repaint interior, replace deck boards, repait exterior trim and deck, update some fixtures, replace the downstairs carpet – totalling around $7000. Very light rehab numbers. We’ll sell this for around $285k, less 5% commissions = 270750 – less 7000 rehab – less 206500 purchase price = $57250 Profit before taxes. Split 50/50 with my lender = 28625 profit before taxes. I goofed in the video and said 28k AFTER taxes – that is BEFORE Taxes.
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