Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago,

User Stats

693
Posts
216
Votes
Scott K.
  • Real Estate Investor
  • Madison Heights, MI
216
Votes |
693
Posts

thinking out loud on how to do this

Scott K.
  • Real Estate Investor
  • Madison Heights, MI
Posted

Hello flippers

I am trying to get a good plan on how to do some low cost flipping. I need to have a good plan to show the wife I am dead serious about this.

I am outside of Detroit. In this area you can buy houses for under 10k.

I am thinking of just always doing the same thing to these houses.

1. white kitchen cabinets, with laminate counter tops with the 4 inch back splash. And have it just be paint until the upper cabinets.

2. Put in all used stove, fridge, dishwasher. Hell I can get a used dishwasher cheaper than a 24 inch cabinets will cost. Women will always love a dishwasher. All white they must be white.

3. same type of carpet or flooring.

The price point I am looking at is either 24,900 or 29,900 in these areas.

Try to never ever move a wall unless it is real simple.

either find a house that has a decent roof or newer windows. Will not be able to find both at that price.

Have molding on all the doors and windows. This something that I am good at so the cost will be materials.

If it does not sell the 1st 2 months rent it out and sell it as an income property with tenants already there.

So how does this look

Loading replies...