Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

22
Posts
5
Votes
Eric Lawson
  • Flipper/Rehabber
  • Baltimore, MD
5
Votes |
22
Posts

Steps to flipping the right way!!!!

Eric Lawson
  • Flipper/Rehabber
  • Baltimore, MD
Posted

Newbie to real estate investing ready to jump in and swing for the fences, what is the first steps that should be taken From start to finish when flipping?

How do you purchase your first flip!! I feel like I’m moving too slow or jumping ahead with steps. What direction, what process should be done. Should I find a willing real estate agent to find possible flips Should I be looking myself using a realtor or Zillow what is the most efficient and effective way just to purchase your first flip??

I’m at the stage where I feel like if I get one I’ll continue to get more and build my portfolio I’m just not sure how to get that first house To flip.

Most Popular Reply

User Stats

44
Posts
6
Votes
Replied

I guess my questions would be, are you a licensed contractor or does MD have any laws about needing licensed contractors to do specific jobs?  If you want to get into the house flipping business you might want to go and find a contractor to work for to get the experience and get licensed as a contractor.  If you have the money, go and find 3 or 4 contractors to get quotes from to fix a house up before you purchase it.

Just happened to find this: https://www.realtor.com/realestateandhomes-detail/...

One of the main things I've seen people say on other videos is you want to make sure the "bones" are good before you buy as well.  Make sure there is no termite damage, asbestos, find out if there was lead paint used etc....

I'm on my own journey with getting a house fixed up in NC but due to all the building happening right now it's been a struggle for me to get a contractor around here.

Loading replies...