No Secret Sauce The BUDGET is GOD

[Jason Meissner]

I have been lucky enough to have a career flipping and remodeling homes. The truth is there is no secret sauce. In fact I think the more secret sauce there is the more scary everything is. Ask every single awful question you can imagine. Pay for inspections. Wherever you stand looking at your property, in a room our outside, point your finger in any direction, everything has a price tag on it. KNOW WHAT ALL THAT COSTS ALL THE WAY DOWN TO THE DIRT ON THE WINDOWS. No you don't have to know the number but you do have to know that it is on someone's budget that is already in your budget or it is coming out of your pocket in the end.

If you DON'T know how much every single thing costs from nails to AC to inspections that is fine. However you actually do need to know how it is being paid for, that is when you can make an offer. You must know how everything is paid for. The BUDGET is GOD. If the parts of your budget are true and not made of assumptions you can easily proceed. The only lies you are allowed to tell in a budget are those that are too expensive. Never estimate low! Never think you can do it yourself. Ask every single awful question you can imagine to your contractors. Pay for inspections. 

Be on guard if you find a deal you really want to do. We have to be soulless machines when looking at opportunities. Let comfort guide you. Do you have solid sold numbers? What about the crack in the patio you are standing on? Everything you leave behind comes out of your pocket.