Second Flip Journal Part IV
Sunday, February 14
Day 7: I hope this entry is not the tone of this week. Late last night we received an email from our floor sub. Despite the fact that they signed our Independent Contractor Agreement (ICA) earlier in the week, cashed their first milestone check, and worked all week, they said they were offended...
Second Flip Journal Part III
Sunday, February 07
Day 0: Whhhhhoooo closing went well! We received confirmation the previous homeowner took the two large items that were present during the walk-through. So we officially have a blank slate to start this project. And without further ado, here is a picture of the house:Doesn't look like your averag...
My Flipping Journal - Part II
Sunday, January 31
Day -7: PM and I spoke today confirming Wednesday morning is our new sub day. We confirmed who was notified, and who has yet to be called. We also identified that a few more subs are needed for specific tasks. Therefore, I spent the rest of the day researching people, and reaching out to set-up e...
My Flipping Journal - Part I
Monday, January 25
Over the next month and a half (fingers crossed), I will be providing a weekly journal of our latest flip. I will be starting with the day our bid was accepted, until the day we list the property. I am keeping this journal for three reasons: 1) to hold myself accountable for the performance and t...
Five Lessons Learned From Our First Flip
Friday, October 02
We recently completed our first flip. It was an incredible experience, and one we cannot wait to do again. Before we do, we wanted to share our five biggest lessons learned.1. “The 5 P's”: Proper Planning Prevents Poor Performance Mistake: Our first mistake was thinking the work only started wh...