Flipping in Austin, Texas

[Michael Serrato]

Hello Fellow Central Texans and BP Community,

I am relatively new in learning the niche of flipping. I have read several BP books to attain knowledge and education foundation of real estate. Likewise, I just moved to Austin, Texas and I am excited to bark on the journey to seek, listen, and talk with locals. My questions, I am wondering if any one of you experiences flipping on SFR as newbies starting with medium-size capital and how does that work for you? Do tools such as flipping formulas and ARV work once the flip fixed and sell?

Thanks! Looking forward to hearing insightful messages from you.