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Updated almost 2 years ago,
A Flipping Deal
Today we closed all city permits on the first property we bought with a red tag. The buying was right but we made mistake on the rehab part. We chose the wrong GC so we ended up doing all the heavy lifting with the City to pass their inspections, and the project extended passed our projected completion date (Ughh).
We were frustrated and it took more of our time and effort that we would have wanted but we stayed persistent overcoming all the challenges and with the Goal in mind. After all the madness we are putting the property in the market tomorrow, we are excited to see the outcome. We got multiple lessons and gain so much valuation experience that I like to call it tuition. We are more optimistic and better equipped to face future projects.
Stay strong and stay Focused