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Updated 2 months ago, 09/18/2024
Looking to partner with someone for a fix & flip
Hey Folks,
I am new to the world of fix & flips, however I have extensive experience in construction management (though primarily commercial general contracting). I've been relentlessly researching all things real estate over the past couple years - reading countless books, watching hundreds of hours of YouTube videos, listening to thousands of hours of podcasts, etc. However, I think we can all agree that the number of books you read and the number of podcasts you listen to are essentially irrelevant until you start putting that knowledge into action.
I'm tired of sitting on the sidelines and feel I've started to fall into the "analysis-paralysis" trap I hear so much about. I'm ready to get to work.
Being new to the LA market, I'm looking to partner with someone who has established relationships with local contractors and/or experience with creative financing. In return, I'm confident in my ability to find deals and manage the rehab process. I already have a couple potential deals, but the biggest hurdle I'll face is finding a private money lender who's willing to lend to someone with minimal experience. I'm walking with a contractor today to get a rehab ballpark estimate before making a formal offer, but want to be prepared for the next step should my offer be accepted.
If this is of any interest to someone out there, please reach out. In the meantime, I'll be going to local meetups to find what I'm writing about here.