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Updated over 7 years ago on . Most recent reply
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Newbie in Kansas City Looking to Learn & Connect
Hello fellow BP'ers! I grew up and live in the Kansas City, MO area. I am a Project Manager for a builder of high end custom homes. I love my job and all things residential! Out of high school my goal was to become an architect and interior designer/decorator, but when I finished my associates degree, the solar industry fell into my lap and I ended up becoming a Project Manager for a solar installation company over the next 7 years. As of 2017, I have left that industry and have been working towards my original goal of interior design. I have always wanted to flip houses, especially ones that need some TLC to bring them back to beautiful. When doing research on flipping, I came across Bigger Pockets and it has opened up a whole new world for me! I am excited to see what I can learn and achieve through this community, and to connecting with you all, especially the locals in my area. I welcome any advice and guidance as I begin the process of buying my first rental property. It is a 3 bedroom, 1 bath in Excelsior Springs, MO, listed at $60,000.
Most Popular Reply
@Harmony Souders welcome to BP. I have been a buy and hold investor since 2005 but this site is where I learned all things (academically) flipping wise. We closed on our seventh property, in seven months, today. Prior to starting to flip full time I spent a year studying and learning the aspects of flipping: how to find deals, deal analysis, making offers, the renovation process and timeline, and staging/marketing. This study paid huge dividends. Next, I proceeded to get my Real Estate license and then shortly after my general contractor license. For me, this process was very beneficial.
All that being said - my story isn't your story. You won't follow my path but I encourage you to do these four things and you will be successful.
1. Never stop learning. (expand your network too)
2. Treat people fairly, be honest, and do the right thing.(your reputation is everything)
3. Work hard and learn from your mistakes.
4. Trust the process. (The first deal is the hardest. By deal five you will laugh at what scared you on deal one and the mistakes you made in the beginning)
Best of luck to you!