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Updated almost 9 years ago,
New Investor looking to self perform.
Hello all,
I am a new investor. I recently bought a whole home remodel (approx. 1300 sf 3 bdrm) and self performed 90% of the work myself. I am currently doing this part-time (nights and weekends) and have been to get all the work completed in 6 months. I see myself being able to do this much quicker when I go full time and I wouldn't living in a house I flip in the future.
Ideally I would invest in some rentals fairly quickly to help with cash flow but other than that I would like to buy 1-2 house at a time and have my hands on most construction activities. Is buying homes and self performing the renovations a reasonable strategy in the real estate investing world?
Thanks for the advice,
Eric