I'm pretty new to the trade. I've worked two years in the trade with my parents who are investors and have made good profit with them. Averaging about 6-8k per month. Of course it got difficult working with them especially when you make that much, they want a piece of the pie, so i ventured on my own (with their blessing) and got my license... just two months ago.
Anyways, i've gained a substantial portfolio working with/for them and started up a Facebook page and got in touch with another reputable investor.. now i'm making 10%. (e.g. 40,000 rehab budget nets me 4,000). This is far from where i started, but i'll take it. I like full rehabs. Investor is talking about putting me on multiple jobs. This is the only reason i'm doing 10% right now... well not the only one. The other one is the learning curve. I've still got a lot to learn and wanted the experience. What are your thoughts on 10%?
Anyways, i've gained a substantial portfolio working with/for them and started up a Facebook page and got in touch with another reputable investor.. now i'm making 10%. (e.g. 40,000 rehab budget nets me 4,000). This is far from where i started, but i'll take it. I like full rehabs. Investor is talking about putting me on multiple jobs. This is the only reason i'm doing 10% right now... well not the only one. The other one is the learning curve. I've still got a lot to learn and wanted the experience. What are your thoughts on 10%?
