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Updated about 9 years ago on . Most recent reply
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Beginning fix and flip investor in metro ATLANTA
Most Popular Reply
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- Rental Property Investor
- Clarkston, GA
- 1,918
- Votes |
- 2,040
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Hi Andrew, Flipping is a extremely difficult deal type. Too many issues that all must work out nearly perfect for your desired profit to be delivered at the sale closing table. Even still what was your effective hourly rate? Flipping and wholesaling is just a job after all.
I suggest you find a local group of expert flippers to go see their projects, ask questions etc. Face to face networking is key to becoming an expert, reducing risk etc.
I'm in GaREIA, http://gareia.org , they have 2 members only flipping groups, the in town rehabbers and the North side rehabbers. As well google groups for near real time problem solving and sharing of contractors. I've saved untold sums just on getting a good contractor refered, or a licensed plumber or electrician who can pull the necessary permits and get you past your occupancy permit inspection...
Good luck, curt