A buddy of mine flips houses. He does almost all the work himself. Flips 8-10 houses a year and makes about 25-30k on each house. He has 7 rentals as well. Started out with 90k in the bank he saved up working as a machinist. His net worth is now $1M+ and he's only been doing it for five years. That's his max though with his current business plan. If he wants to do more houses, he's gonna need a crew, which he doesn't want to do. This year, even with corona, he's still going to be well over 200k.
You can still make good money with no skills, you just need a big bank to start it off with, and some contacts. Finding wholesale priced houses is what separates the amateurs from the beginners. Depending on the area, 100k could make you 15k in two months if you find a good house and hire the work out.
Wait until he breaks his back and earns more than $250k.
Which sport?
Joggin.
A buddy of mine flips houses. He does almost all the work himself. Flips 8-10 houses a year and makes about 25-30k on each house. He has 7 rentals as well. Started out with 90k in the bank he saved up working as a machinist. His net worth is now $1M+ and he's only been doing it for five years. That's his max though with his current business plan. If he wants to do more houses, he's gonna need a crew, which he doesn't want to do. This year, even with corona, he's still going to be well over 200k.
That's a pretty good gig for sure if you have the skills and tools.
You can still make good money with no skills, you just need a big bank to start it off with, and some contacts. Finding wholesale priced houses is what separates the amateurs from the beginners. Depending on the area, 100k could make you 15k in two months if you find a good house and hire the work out.
Lol I get it brother
Hey, the guys working. Dont make me go BuzzFeed on you and tell you how its a good thing
Y'all that's not fair, come on now.