Properly Analyze & Calculate Monthly Holding Costs for Fix & Flip

[Isaac Fridmann]

Hi Everyone,

I've been a licensed Realtor in FL for the last 2 years. I'm looking to expand my business by getting into fix and flips. Most of the clients I've worked with as a Realtor are investors and I've already spoken to them about partnering up and helping out with the financial aspect (Hard money loans), I can handle finding the deals and working with the GC's.

I am really excited to get started on my real estate investment project, but I am struggling with calculating the costs associated with holding the property. I have watched countless videos and read everything I can find online about this topic, but I still feel like I am missing something. Perhaps someone out there has some helpful advice or guidance that can point me in the right direction. My back is against the wall on this one, and I am feeling overwhelmed and a little bit stressed.  So please, if anyone has any tips or suggestions for making this process simpler and more effective, I would greatly appreciate it. Thanks!