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Updated over 5 years ago on . Most recent reply
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Beginner Home Flipping
Hello Everyone!
I am currently a college student in Wisconsin attending UW-Eau Claire and I am looking to begin a career in home flipping and Leasing. I am hoping to get as much insight as possible on the best way to start whether it be flipping a property or purchasing a rental. I am majoring in finance and am hoping to become experienced in using this background to find the best deals and crunch the numbers on my investments and returns.
Thanks!
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Flipping is not an easy game, especially now as numbers are tightening from increased investor interest, Eau Claire/Chippewa Falls Market is good, also look at Rice Lake, That town has a lot going for it in my opinion, Step 1 Secure financing, and establish a target purchase and exit range, Step 2 Learn your market, and know every distressed property in it, Step 3 make your acquisition, and if you did your home work correctly a few months later you will be marketing the rehabbed property for sale. Good Luck Im closing my 20th flip next month, dont hesitate to reach out.