Closed on my third flip Monday

[Jon Wright]

Closed on my third flip Monday and this one feels different. Already have guys rocking and rolling on rehab and the finish choices are quicker and more obvious. The process is getting more streamlined and it is exciting. Plus I now have J Scott's book on estimating rehab costs to battle rip off contractors. If they aren't in the ballpark of the book I just say thanks and move on. Hoping to have it ready in 2-3 weeks!

[Jon Wright]

@Account Closed The first one definitely takes guts. You dive off into the unknown and figure it out. This was before I knew about bigger pockets so I had just the passion to do it and HGTV/ DIY shows that we watched over and over. I talked about it all the time until one day I was telling a friend of mine about a house he should buy and fix up. He looked me dead in the eye and said "You seem to know a lot about that kind of stuff. Why don't you buy it?" That made me realize I was just talking about stuff and not taking action. So we didn't buy that one but  found one closer to home and  jumped out of the plane. We borrowed the sales price plus 10k to rehab and went to work. The key for us has been to buy them so that if you needed to sell it for the same price tomorrow somebody would jump on it and bail you out. Do the research and go for it. You've found biggerpockets already so you've got more resources than we had when we jumped in. Best of Luck!