Beginner Fix and Flip?

[Da’Mario Hughley]

I am definitely new to this but I'm trying to start out doing some small fix and flips. I have some decent knowledge when it comes to REI, but looking for someone with a little more knowledge on the fix and flip side of things. Also looking for someone willing to connect and talk about a small fix and flip project. I have a real estate agent with access to expired listings and plenty knowledge that my wife and I, have been working with for years. I also have some others willing to invest as well. I work as a union laborer so I do have experience with demolition and many other things that could save tons of money for this type of project. I have friends who are framers, concrete finishers, siders, electricians, plumbers and multiple others I can reach out to.

Shoot me some knowledge, suggestion, ideas. Anything is helpful!

[Dell Schlabach]

Is there an area of need or concern that you have.

Be easier the share useful information if there are areas of concern concern or specifics you wanted to know about.

  We run three rehab crews and feed deals and help 6 other full time flippers, guys doing 5-6 deals  a year. 

Some guys need subs, some money, some specific construction knowledge, some project management, some deal finding. 

Couple general comments, know your sell price, most important item, if you estimate that too high,  messes up your bottom line no matter how efficient and cost effective you run your project.

Create a solid budget, get quotes where needed. If you don't know where prices should be.  Get 3 quotes. Gives you a good idea.

Design it well and do quality work to get top dollar. Ask your agent to send you numerous other flips, see what the ones getting top dollar are doing. Follow proven winners. Careful with using mish mash of pinterest ideas that don't flow. 

Any specific questions be glad to help..