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Updated over 4 years ago, 06/22/2020
My first flip. Absolutely love the experience.
I just listed my first flip: https://www.redfin.com/WA/Monroe/145-Woods-St-98272/home/2699082
I probably did everything thing wrong, but the product itself is amazing. I listened to untold hours of Biggerpockets podcasts, which helped immensely, but I found myself doing things that Podcaster and books advised against. I work my butt off at toward the end of this. I built the deck you'll see, cleaned the roof and gutters, caulked stuff the painter missed and almost got involved in replacing windows and some other fun parts of the task. Now, I am pretty worn out, but in a satisfied, good way.
There's a part of me that believes you must find your own way as an entrepreneur—even in REI. Everyone is telling me I should get houses built in the 90s that don't need so much work, but, honestly, it felt great to bring back a 100-odd year home and make it as special as I thought it was even when it was sad and in need of help.
I already work a job where someone else calls all the shots and I just make things happen. In this business, I want to continue to work with amazing people who are fun to be around, and to find projects that have soul and a little profit. Might sound kind naive, but, if all goes well, this sale will fund my next venture, or maybe next two ventures.