Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Advice on First Ever Fix and Flip
Hey you guys, my name is Benjamin. I'm 21 Years old, I'll be graduating from college in 3 weeks, and I'm looking to start a career in real estate investing. I currently have about 20k that I've saved up, and I'll be starting a sales job in SF soon that pays about 70k a year, and living at home w my parents, which means I could probably save a good amount of money. My best friend Kyle has no money but he's worked in landscaping and carpentry for the past 4 years and can build/fix anything. We're thinking about starting a fixing/flipping business in Northern California. How would you guys recommend we get started? What would you do, if you were in my position? Where would you look for good fixer/flippers? What books would you read? Who would you talk to?
The other option that appeals to me is saving up until I've got about 120k and looking for a small multifamily buy-and-hold. I've heard those can make absolutely killer investments.
Any advice would be greatly appreciated.
Thanks a lot, Benjamin.