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Updated over 7 years ago,
From landlord to flipper?
After a few years now of having multiple single family rentals, I've developed some experience with what is probably a good intro to flipping. I've also made connections with contractors. To date I've done (via contractors):
Plumbing overhaul
Roofing
Appliances
Drywall
Paint
Interior and exterior doors
Electrical panels
General plumbing
Water heaters
Decks
Flooring
Gutters
I'm probably leaving out a few things.
No major kitchen or bathroom remodels which are expensive of course, but I'm getting pretty comfortable with this stuff and have a good idea how much something costs with my guys.
I think being a buy and rent landlord first and doing maintenance on your rentals over the years is a good intro into what it takes to flip. Case in point, the plumbing and other major stuff always took twice as long as they expected.
I think it's a good way to get introduced to flipping, what do you think?