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Updated over 3 years ago,
Do I Need a Team To Flip?
Hello,
I have a cousin who attempted to be a landlord. And my mom tried flipping. My cousin went in thinking it would be easy and bailed after her 2nd tenant who destroyed her house. She sold it and ended up losing money in the end. She lasted maybe a year. My mom on the other hand was working full-time and trying to raise a family when she attempted to start flipping houses. She didn't have a lot of support and was practically a single mom, but says that if she would've had more support she would've been able to do it.
Before I get started myself, I'd like to know how I can surround myself with the support I'm going to need when I get started. Where do I find people? How did you find your people? I'm sure I'll need a list of contractors which I'm already working on gathering. Who else do I need on my team? I imagine I'll need a courageous person who can deal with the tenants that won't leave or don't want to pay. Any advice would be appreciated.
Thanks,
The (future) Flipping Momma