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Updated almost 2 years ago on . Most recent reply

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163
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Steven Barr
  • Atlanta, GA
57
Votes |
163
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What’s the most houses you’ve flipped in a year? How did you do it?

Steven Barr
  • Atlanta, GA
Posted

Hi BP!

What’s the most amount of properties you’ve flipped in a single year? How did it go? How many contractors did you use? How did you find all your deals? How big of a geographical area did you focus on? How many mistakes did you make? What did you learn from them?

Would love to hear everyone’s successes, failures, stories and experiences!

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Scott E.
  • Developer
  • Scottsdale, AZ
2,989
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Scott E.
  • Developer
  • Scottsdale, AZ
Replied

What’s the most amount of properties you’ve flipped in a single year? - 3

How did it go? - Great. When you have a strong team (general contractor, designer, architect, landscaper, stager, lender, realtor) these flips move relatively smooth.

How many contractors did you use? - 1 general contractor oversees each job. For bigger jobs, the GC has a superintendent.

How did you find all your deals? - MLS and wholesalers

How big of a geographical area did you focus on? - 2 zip codes

How many mistakes did you make? - I don't make as many mistakes nowadays since I've been doing this over a decade. But there is only so much you can plan for when you're renovating a 60+ year old home. Countless unexpected issues come up.

What did you learn from them? - You make money on the buy. Always hire a designer. Hard money is expensive.

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