Ready for my First Fix and Flip/Intro

[Jorge Herrera]

I am a critical care nurse practitioner who understands the potential behind real estate. I've learned a lot from the first house I bought low and remodeled over 5 years and made a good profit from. From there I bought and gutted my current home and have done well with the equity over the last 4 years. I am ready to take the knowledge I gained and pull the trigger on my first fix and flip. I am looking to learn and absorb as much as I can from other investors and help them as much as I can as well. The last piece of the puzzle to make well informed offers is to understand the cost of construction and rehabs in different markets. I am currently looking for my first deal in Bakersfield/Kern County, San Bernardino County/Inland Empire CA but open to all areas!

[Luciano A.]

@Jorge Herrera

Congrats on the success you have had and dealing with all the stresses that come with working in a hospital environment. Given the current market take your time and watch, listen to podcasts, youtube, educate yourself, and watch targeted markets you like to learn price points in those markets. Given you want to flip this is not the right time. With interests having no clear direction on where it will land it makes house buying tough. Don't want to buy now and by the time you are done with rehab you are underwater. California especially given it is an appreciation market and the market can swing in either direction. Save money, and network both with investors and contractors. Learn what is selling for how much in your targeted areas so that when you feel the time is right you will spot a great deal and can jump on it. 

Best of luck