Steve Cook

Flipping Houses

Do you think it’s possible in the economics of today to make a 100 K minimum on flipping houses? I know the criteria would have to be very strict.

New comment 5d ago

1 like • 10d

I was thinking the same question for Facebook today just to see what people thought. My answer is yes, it is no problem. Price of houses is a factor, but with $500k+ houses it is a regular occurrence.

14d •

General Discussion: What would you rather have?

What would you rather have? a) 20 single family homes b) 20 unit apartment building c) 20 pad mobile home park d) 20 self storage units e) other As a bonus, tell us why you prefer that?

New comment 12d ago

1 like • 13d

@Howard Martin I love this. It's part of why it is my favorite approach.

1 like • 12d

@Ned Carey great response Ned. Many people are fooled by the time and stress involved with their investments. On Facebook many people told me that self storage was mailbox money. The reality is there may be some facilities that perform that well just like some of my single families perform that well. But some required work. And that work and time is just not worth the returns.

23d •

Which path resonates more with you?

Forget the pressure to acquire hundreds of properties.... My "One Property a Year" strategy is about sustainable growth and true freedom. I make it a deal to own one free-and-clear property each year, building a portfolio that supports my ideal life without the constant stress of scaling. For me It's about simplicity, not just scale. Which path resonates more with you: building a massive empire or cultivating a life of intentional abundance? Let me know in the comments!

New comment 13d ago

0 likes • 13d

@Andrew Kwiatkowski or just simply someone not doing what they were supposed to do, or better yet, with malice. I love how you use the "systemic fragility" phrase. We need to decrease that- I've always thought that way but never said it the way you did.

Mar 28 •

Real Estate Business

My Reno Update..

Progress- plumbing inspections passed. Electrical, mechanical and framing on Monday. 3 weeks in. I need more houses or lots. Prefer Roane, Loudon, Blount or close to these areas. Let me know.

New comment 13d ago

0 likes • 13d

@Liz Morales It will be finished soon Liz.

Mar 25 •

HELOC TRAINING REPLAY

Just saw that a bunch of people tried to join late while we were already in the session… And I completely missed it 😅 Apologies if that was you.😊 The replay is up now so you don’t miss anything. The steps are well detailed. I'll be here to entertain your question afterwards. Welcome to the community.

New comment 13d ago

0 likes • Mar 25

@Todd Warstler Glad you could join us.

0 likes • 13d

@Andrew Kwiatkowski the good news is that you have options. You do not HAVE to use it. But when opportunities come available, you can take advantage of them.

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