What kind of ‘Fixer Upper’ ROI is possible when we’re your Portfolio Brokerage Mentor?
How much can I make rehabbing homes?
There are many different approaches. Are you in a high tax bracket and want appreciation, taxed and withdrawn at a future date (like retirement) and wish to accumulate rentals? Or, are you in a low tax bracket/ want maximum returns now/ hence ‘Flips’ make more sense? Looking at our charts, you’ll see cheaper homes are better suited for rentals, but all properties are usually better suited for ‘flipping’.
‘Flipping’ homes is not for the faint of heart, nor for a novice. The TV shows are for entertainment – turn them off. I’ve never watched even 1 episode and I’ve ‘flipped’ houses since 1981. Yes, I’ll be glad to share my entire portfolio results to date with you.
The vast majority of folks loose money on rehabs, making lots of cash for ‘wholesalers’. So how do I know when to use a professional ‘Portfolio Broker’ Mentor? (that would be us). Perhaps when said mentor has a track record going back to 1980 and will say “NO” more often then “MAYBE” OR “YES”.
Prefer ‘hands off’ approach? We ‘joint venture’ with clients – you bring $’s, I bring expertise, your principle comes out first, we split the balance at closing. (there is a formal agreement letter but that’s the short version).
For every property I recommend, There are about 25 that I tell the investor “NO” and then tell them why. I want this to be educational as well as profitable for you – it helps us both!
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If you click thru on the link below this photo, you can compare with last year EOY results. There has been some year over year appreciation.
- In this market, this will plateau and makes these ripe for selling to reinvest a better part of proceeds.
VIEW IN PDF: Rental and Flips ROI Calculations – EOY16
Rental and Flips ROI Calculations – EOY15
Active client of ours? Request a copy of the below spreadsheet to compare your investments year to year & within your portfolio. This can assist in planning ‘which to keep’ vs ‘which to cut loose’.
- Non-clients: ‘Remote in’ installation & setup available, or stop in – you don’t even need to bring your laptop.
This is not an offer of a guaranteed return. Always do your due diligence before investing.