Re: 24 yo , real estate purchase
 

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I'm curious, what type of anticipated ROI (as a percentage) is your floor to make a flip worth the effort?

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I don't flip properties because its too much work. I only have rental property. Right now I'm developing a manufactured home subdivision. I pay for development out of my pocket, sell the home on a seller-carried note, then sell a partial interest in the note to investors. I end up with no money in the deal and a partial note. I guess my ROI is infinite on those projects.

So considering the options that I have available to me, and considering that I don't really want to do the work and have the stress associated with a flip, I probably wouldn't consider a flip for any ROI. I'm an investor to work less, not more. Not that there is anything wrong with flipping or anything, its just not for me.

Re: 24 yo , real estate purchase
 

[ QUOTE ]
[ QUOTE ]

I'm curious, what type of anticipated ROI (as a percentage) is your floor to make a flip worth the effort?

[/ QUOTE ]

I don't flip properties because its too much work. I only have rental property. Right now I'm developing a manufactured home subdivision. I pay for development out of my pocket, sell the home on a seller-carried note, then sell a partial interest in the note to investors. I end up with no money in the deal and a partial note. I guess my ROI is infinite on those projects.

So considering the options that I have available to me, and considering that I don't really want to do the work and have the stress associated with a flip, I probably wouldn't consider a flip for any ROI. I'm an investor to work less, not more. Not that there is anything wrong with flipping or anything, its just not for me.

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Very impressisve Spex, I had a range of responses I was expecting but yours came in way north of what I'd ever even guess.

You got it handled from every area, well done!