Learning about Live-in Flips

[Daniel Windle]

I’m interested in learning everything I can about a live-in flip before we take the plunge.

Looking specifically for:

-how to pick a market that offers great upside

-locating an investor friendly RE Agent that is located in a market that is poised for decent appreciation in the next 3-4 years(Arizona,Florida,Texas markets specifically)

-any books that you recommend that will help our first live-in flip become a success

-any online resources, podcasts, etc that you would recommend

-any tips on picking the proper strategy for the investment (adding an ADU vs adding square footage vs cosmetic rehab only)

Thanks in advance for any recs!

Dan

[Remington Lyman]

Quote from @Daniel Windle:

I’m interested in learning everything I can about a live-in flip before we take the plunge.

Looking specifically for:

-how to pick a market that offers great upside

-locating an investor friendly RE Agent that is located in a market that is poised for decent appreciation in the next 3-4 years(Arizona,Florida,Texas markets specifically)

-any books that you recommend that will help our first live-in flip become a success

-any online resources, podcasts, etc that you would recommend

-any tips on picking the proper strategy for the investment (adding an ADU vs adding square footage vs cosmetic rehab only)

Thanks in advance for any recs!

Dan

I attempted a live flip once, and I won't repeat that experience. It was frustrating having contractors constantly coming in and out of my home, especially since I chose to remodel my only bathroom while still living there. They assured me it would be finished in a weekend, but it ended up taking three weeks. My wife was not pleased.