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Updated about 9 years ago on . Most recent reply

User Stats

25
Posts
9
Votes
Allie Bloyd
  • Interior Decorator
  • La Grange, KY
9
Votes |
25
Posts

Hi Everyone! Just getting started.

Allie Bloyd
  • Interior Decorator
  • La Grange, KY
Posted

Hi BiggerPockets Members!

My name is Allie and I am just started to gather all of the information needed to get involved. I know a bit myself, have people around me with knowledge, but would appreciate any and all advice on the beginning stages of flipping. What have been the most successful properties to target? Foreclosures, short sales, for sale by owners, etc? Or do you just find whatever looks best? What is your average turn around on one house, with renovation and sale? Are there advantages to renting the properties as opposed to selling them? Really just looking for any tips from experienced flippers to add to my mental notebook!

Thanks! :)
Allie

Most Popular Reply

User Stats

187
Posts
61
Votes
Kyle Scofield
  • Real Estate Investor
  • Madison, SD
61
Votes |
187
Posts
Kyle Scofield
  • Real Estate Investor
  • Madison, SD
Replied

Hi @Allie Bloyd .. I am not a house flipping investor but a GREAT place to start would be by purchasing "The book on Flipping Houses" as well as "The book on estimating rehab costs" .. Both by J Scott. Excellent books for someone just starting out

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