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Updated over 7 years ago on . Most recent reply

User Stats

20
Posts
9
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Karee Awls
  • Flipper
  • Reynoldsburg, OH
9
Votes |
20
Posts

Managing Downtime after Rehab work is finished

Karee Awls
  • Flipper
  • Reynoldsburg, OH
Posted

So now that our property is fully rehabbed and listed on the MLS, it's nothing for me to do but wait.

After all the hours spent on our first fix and flip an all the long mornings at Lowes waiting for material to be pulled; I couldn't wait for a our rehab to be completed, but NOW I'm so ready to start the process of working on closing our next deal. I can't wait for this home to sale. We're going to reinvest it or pursue the BRRRR strategy and pull most of the cash out to start buying and holding process.

BUT in all my boredom I reached out to a few major players in my city to see if they had any unit turns/ rehabs projects an they did. So I picked up a demolition job to hold me over until this first house sells. Think this'll be the way to do it while I'm in limbo. Contract for others. BUT I Can't wait to have financial freedom and just go on a carefree vacation one day. 

So here's my question: (For those just starting out like myself that are self employed) 

How do you guys manage your down time in between projects? Are you still working on your next deal, researching, relaxing at home or spending time raising capital? 

Most Popular Reply

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17,995
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17,195
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J Scott
  • Investor
  • Sarasota, FL
17,195
Votes |
17,995
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

Why aren't you out looking for your next deal and raising money?

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