First Flip Cincinnati, OH

[Brian Reynolds]

Hi BP community! Just following up from my introduction post. I ended up purchasing two properties the same week and have already started renovations on one. The first property is in Cincinnati OH (Madisonville area). The second is in Cincinnati as well but is in the Mt. Healthy area. Hoping to have the first one done in the next 60 days. Day one went well with the contractor. Hopefully things stay on track. More to follow.

[Brian Reynolds]

@Kyle Burnett, & the rest of the Cincinnati BP community. Just wanted to provide and update since we’re about 30 days in.... Things haven’t gone as planned. Actually, it’s like I was asked to have everything go wrong with the house so I could write a book about it later.... I’ve fired the contractor and found out that during his 30 days of work and providing updates he really hasn’t done anything. My business partner found him and his crew passed out, hungover at our house on this past Friday. The estimates he provided for the work were way off... like by $15-20k. When I originally asked him why his quotes were so low on the bid he said that he was trying to build a lasting relationship with me and my partner so we can do future flips together. Like a dummy I believed him excited about the low bid. Now 30 days in we are really at like day 2-3 of work that has been completed. No permits were pulled even though I was told they were. We’ve spent this week back tracking and getting the project back where it needs to be. Thanks to the Cincinnati BP community. The recommendations I’ve received for reputable contractors are helping a lot. This community is awesome. I listen to the old podcasts every day which inspire me to keep pushing forward and get over these mistakes. Hopefully better news at my next update!!