Which is more valuable: a house flip that brings you $50,000 or one that brings you $13,000? Well that's easy - the one that brings in more money! But what if the $50,000 house flip took a year to get your money and involved weeks of your sweat equity, whereas the $13,000 one took 5 hours of your time, and you had the money in hand within 10 days of having purchased the property to begin with? 

Time is valuable as well, and we need to account for it some way, somehow in a real estate transaction. In this episode Stan presents a new formula to analyze a real estate transaction, not just from a money standpoint, but also from a time standpoint. Spoiler: the formula is (Net profit / personal hours spent on/at property) - (3 * days property is held). Try to get over a 1,000 score on all your house flips! And listen to this episode of Selling Greenville for more details.

As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (864) 735-7580 or by email at smccune@cdanjoyner.com.