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Updated over 11 years ago on . Most recent reply

Account Closed
  • Chicago, IL
0
Votes |
5
Posts

What steps do you take to start a flip?

Account Closed
  • Chicago, IL
Posted

Here is how I am thinking about it: (Let me know if there is anything you would do differentley.)

1)Demo
2)Rebuild what needs to be rebuilt (walls,drywall ceiling,)
3)Mud/Tape and sand
4)Paint
5)Tile work done in bathrooms
6)Install floors
7)Install kitchen cabinets/Vanities,Bathroom fixtures/Lights
8)Install base boards
9)Clean the house
10)Call your real estate agent to list your fresh property

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J Scott
  • Investor
  • Sarasota, FL
17,196
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied
Originally posted by Stephen Turner:

I wanted to throw my 2 cents in and say that I am almost finished with "The Book on Flipping Houses" by J. Scott and am I glad I got it before purchasing another property. Of all the books I have read (and there have been A LOT!), this one has really broken the entire process down step-by-step and I now understand the things I did right AND wrong with my first deal.

Thanks Stephen...I really appreciate the kind words...

While I go into much more detail in the book, here is the scheduling order I generally recommend (click to enlarge):

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