This a good flipping plan ????

[Aidan King]

Steps

1. Have financing in place

2. Create relationships with agents/brokers who can give u lists and deals (forecloses, behind on mortgages, etc) (eviction records online)

3. Create Craigslist ads

4. Have signs in areas

5. Go to FSBO websites and MLS sheets

6. Find leads, analyze the profits, and give offers from most profit to least (potential)

7. Buy property

8. Find recommended contractor in area

9. Sell house

[Michael Plante]

I would find the contractors before buying otherwise o wouldn’t know how much it will cost to rehab 
i would also have an idea how much it costs for typical things so I could put in offer faster 

Such as cost to replace toilets 

Cost per square foot for LVP and install 

Cost for shower curtains and rod 

Cost for painting cabinets 

Cost for new kitchen faucet and installation

Cost for new fixtures in tub and sink in bathroom

Cost for resurfacing 10’ countertop 

Cost to paint inside 1300 square foot house with light grey walls and white trim 

Cost for new handles on 6 interior doors

Cost for new handle on 2 exterior doors

Cost of 6 new ceiling lights and installation 

Cost for 2 new exterior lights including installation 

Cost of new A/C system for 1200 square foot house 

Cost to have lawn maintained for 3 months while rehab is taking place 

Etc etc