BiggerPockets Founder · HI · Member since 2008 · 16k+ posts · 5k+ votes
16y
Originally posted by Tim B:
There's a house flipper in Orlando that will be happy to show you her recent project for a fee of $3000 a week! Most who rehab houses for a living (not selling books, tapes or seminars) don't have time for tag alongs.
That is insane, and I don't recommend ANYONE pay a fee to shadow an investor. As for rehabbers not having the time to help others out and show them the ropes, there are plenty of people who will do that. You just need to find them. BP and your local real estate club are great places to find those people.
Justin - The sarcasm people threw your way makes sense. No one is going to pony up cash to teach you. Sure you have some experience, but your proposal is not what most people would call a Win-Win. Pay your own way and I'm sure you'll be able to find plenty of folks who will be willing to take you up on your offer.
Real Estate Investor · Bergen County, NJ · Member since 2008 · 390 posts · 72 votes
16y
Have you joined any REIA's by you. Maybe someone out there IS doing flips.
Also, if there's no flips going on around you because everything is so expensive, then what is your plan once you get familiar with flips?
Are you going to travel to do the flips or flip the more expensive properties...?
I'd try to find someone who is local to where you plan to do business, who can help you out.
People say real estate is local, and I think to a certain extent you can say the same thing about flips. There will be different challenges and ways of doing things in different parts of the country..
Real Estate Consultant · Minneapolis · Member since 2009 · 60 posts · 8 votes
16y
There's a house flipper in Orlando that will be happy to show you her recent project for a fee of $3000 a week! Most who rehab houses for a living (not selling books, tapes or seminars) don't have time for tag alongs.
BiggerPockets Founder · HI · Member since 2008 · 16k+ posts · 5k+ votes
16y
Originally posted by Tim B:
There's a house flipper in Orlando that will be happy to show you her recent project for a fee of $3000 a week! Most who rehab houses for a living (not selling books, tapes or seminars) don't have time for tag alongs.
That is insane, and I don't recommend ANYONE pay a fee to shadow an investor. As for rehabbers not having the time to help others out and show them the ropes, there are plenty of people who will do that. You just need to find them. BP and your local real estate club are great places to find those people.
Justin - The sarcasm people threw your way makes sense. No one is going to pony up cash to teach you. Sure you have some experience, but your proposal is not what most people would call a Win-Win. Pay your own way and I'm sure you'll be able to find plenty of folks who will be willing to take you up on your offer.
Investor · San Diego, CA · Member since 2008 · 62 posts · 32 votes
16y
I think Tim pretty much summed it up. Most people are so busy and really, why would it make sense for them to be answering questions all day and getting slowed down. I guess thats where the 3000 comes in.
Real Estate Consultant · Minneapolis · Member since 2009 · 60 posts · 8 votes
16y
Originally posted by Joshua Dorkin:
Originally posted by Tim B:
There's a house flipper in Orlando that will be happy to show you her recent project for a fee of $3000 a week! Most who rehab houses for a living (not selling books, tapes or seminars) don't have time for tag alongs.
That is insane, and I don't recommend ANYONE pay a fee to shadow an investor. As for rehabbers not having the time to help others out and show them the ropes, there are plenty of people who will do that. You just need to find them. BP and your local real estate club are great places to find those people.
Justin - The sarcasm people threw your way makes sense. No one is going to pony up cash to teach you. Sure you have some experience, but your proposal is not what most people would call a Win-Win. Pay your own way and I'm sure you'll be able to find plenty of folks who will be willing to take you up on your offer.
Not insane at all - there is a guru in Orlando that advertises a week long seminar which involves visiting her recent job site - providing info all aspects of the renovation. She was charging $3000 and it may well be worth it to gain that much info in such a short time.
This is a business and there is a big difference between sharing info on a forum and personally showing someone all the tricks of the trade. Do you think GM excutives invite Ford employees to tour their plants and research facilities. All I need is one more investors to compete with - along with the hundreds that already exist.
I'am currently working with and mentoring a friend to partner with on future projects. I'am not teaching him 25 years of rehab knowledge so he can compete with me tomorrow.
Most of us are working full time at a business - willing to share some info on this forum. Check with the book, tape, seminar gurus for a complete training course. Visit your local investor group and you can gain lots of usefull info.