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Old 06-21-2007, 07:27 PM
Grasshopp3r Grasshopp3r is offline
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Join Date: Jun 2006
Location: Aurora, CO (suburb of Denver)
Posts: 1,728
Default Re: Flipping houses, how much profit to expect after remodeling?

You need to go through the numbers thoroughly.

I have made most of my money on buying them right. The market is inefficient. Being a broker helps in 2 ways, 1) getting a commission on transactions and 2) better info.

In Colorado, I can represent myself and the agent that lists the house must pay me the selling broker commission. That is 2.8% of found money.
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