It’s not illegal.

You’re not staying, so take the money.

Respond with: “ per the binding legal document we signed we cannot answer any of your questions.”

Profit. Move on.

Yeah OSB is not approved for roofing. The minute it gets wet it’s trashed.

Prices are 10-15% higher than 2019. That does not equal to an extra $15k.

OSB is approved for flooring and siding, NOT roofing. If it gets wet at all, it’s trashed. Plywood should be used in any situation where they might be water intrusion.

20% is the median best outcome for flips. The average is much much lower.

Double to quadruple that is more realistic. $100-200 per sq ft depending on fit and finish.

Add in MD permits and bullshit and you’re close to $100k min.

There are 14,000 vacants in Baltimore, if it’s $100k on average to renovate…

The problem for most of these is the location. You invest $100k and now own a property no one wants to live in. The ones in good locations sell for $50k, with much higher renovation costs. At that point, unless you’re an investor with a crew, it’s cheaper to buy an existing structure or a brand new build.

Yeah man. If it was that easy to make a 50% return, everyone would be doing it. Many of these projects either fail, or barely break even. Most would be thrilled at a 15-20% return. I don’t flip, I BRR (Buy, Rent, and Refinance) and I make higher profits but also have higher carrying costs. On most of my properties I make about a 10-15% rental return, but the properties increase in value over time as well.

Beyond that, you have a $100k investment in a neighborhood no one wants to live in. The minute you leave the property empty it’ll get broken into, emptied and trashed, and you’re right back where you started.

There are 14,000 vacants in Baltimore. You’d expect the city to front the cost to repair them? It costs $15k to demolish them and $100k to make them habitable.

Say hello to doubled taxes…

Yeah, anything over a 10% return in real estate is good, but 30-50% returns aren’t realistic. $114k is maybe 15% profit.

I’d say it’s closer to $90-100k. There isn’t much of a profit margin on these row houses, which is why they’re still vacant.

Did that one sell for $119k? That’s the other problem.

Except:

No infrastructure. No high speed internet. No good public schools. No jobs expect minimum wage or blue collar. No healthcare options outside of major cities.

Lol what ethics breach and trespassing if they bought tickets to a venue open to the general public?

Were the Catholics protesting at the theater?

When’s the last time they built a new public school building?

Yes, he has to stay married…otherwise he can testify against her.

Where is the closest dirt bike store?

It’s not over yet….

Your gun definitely isn’t secure in a car…