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Updated almost 9 years ago on . Most recent reply
Property Evaluation
Hello BP Community! I'm new to real estate investing (bought first property to flip yesterday) and I'm thinking about what is next. I've been on realtor.com looking at homes and I think I've found a winner (I think it is bank owned). I've contacted a realtor to go look at it. The numbers on the property suggest a $40k rehab will still make money. I've reviewed the estimating book published on BP.
As a newbie, should I get an inspector to go with me to look at the property before I make an offer on it? Is there any other advice somebody can provide? This is my first of many more posts. Thanks!