Advice for a first time flipper with zero experience

[Daniel Del Vecchio]

Hello all!

I am new to BP and found out about this after searching for a real estate course. (I watched the 4-5 hour one Brandon Turner taught)

I want to invest in real estate and I want to start by flipping houses and eventually get into rental properties and maybe some other investment strategies. I am reading all i can on real estate/flipping/finance. I wanted to ask all of you if there were any tips or advice you had for someone who is brand new to real estate and flipping. I know theres a lot i will learn by going out and doing it (which i am doing, i am working with a trusted real estate agent and have seen a few houses and have more i want it to look at) but i figured theres no better place to learn than from those who have experience in it.

Thank you all in advance for your help!

[Luke Marsh]

Hi @Daniel Del Vecchio, sounds like you are off to a great start by taking the initiative to learn about the process of flipping houses. There area lot of moving pieces in flipping, and I would suggest trying to learn as much as you can about each of them, anywhere from financing, to estimating rehab costs, to analyzing your market, to picking up a new trade skill.  I would recommend digging into your market, and becoming an expert on it. Joining meetups, or groups is also a great way to get referrals and get in with others who can help you out.