I’m a contractor looking to get into flipping houses

[Harley Fowler]

I’m a contractor and specialize in all aspect of home remodeling. Ive done hundred of renovations and multiple TURN KEY properties. Looking to start flipping houses

[Aaron Poling]

I think this is a great idea. I am a real estate agent now, but spent most of my life as a general contractor and still do work on my own properties. I have learned from working with lots of investors is that typically their weak point is on the contracting side. This means that you have a huge advantage with your contracting skills! 

The one mistake that most contractors make (including myself) is that we think like a contractor when purchasing a property instead of thinking like an investor. We tend to look at the repairs and know that we can fix it ourselves so we overpay for the property because the repairs are at a low cost. In reality we end up doing the repairs for free, or making no profit on the flip depending on how you look at it. Always run your numbers like you are paying  another contractor to do the work, if you do it yourself then its more money made but you still have the option of having someone else do it. This will help you scale your business as you grow. 

I recommend reading the eMyth. Its a business book that helps you break down business functions and really helped me. 

Good Luck! Aaron