All Forum Posts by: Chaim F.

Hi @Eric Espinosa, welcome to the BP community!

I don't have much to add after all these posts, there's just one thing that is very important, having goals and working on them "every single day", that made a lot of people successful.

Wishing you lots of success!

Hi @Haziq Inayat, welcome to the BP community! There's a lot of great information here, I'm happy that you're getting some good use out of it, I'm sure the more you'll be here, interact, the more you'll get out of it.

Happy investing!

Hi @Kenneth Burtner, welcome to the BP community! By having goals and working on them you're off to a good start! There's lots of great information here that would help you get where you want to be.

Wishing you lots of success!

@Brooke F.

Welcome to the BP community!

As the others have posted you need to know your market, go to open houses, meet all the brokers in your target market. To start you can also ask a few brokers for their opinion on how much it can sell for and work with the cheapest price you get. Since it's your first fix&flip I would also suggest, you get a few quotes from different contractors, and add additional 20% to the most expensive price, and you can still make a decent amount go for it, it's very hard to hit a home run the first time. Just one more tip, make sure to use the bigger pockets calculator, so you won't be off with your numbers.

Good luck 

@Vincent Wright-Mensah

Almost everyone would need a track record, but maybe start with friends and family, or try to start with smaller properties that you can afford and build your track record from there. You also might consider flipping so you get some cash to be able to buy&hold.

Good luck!

Hi @Everaldo Defreitas, welcome to the BP community! By having these great goals and working on them you're off to a great success. 

Good luck!

Happy investing!!

Hi @Regina Martinez, welcome to the BP community! You're doing great! By having your goals in mind and work on you'll succeed.

Wishing you lots of success!

Hi @Joshua Dreyer, welcome to the BP community! There's lots of great information here, that would definitely help you get to your goals. 

Wishing you lots of success!

@Tanya Miller

Overall it seems like a good deal, knowing the values in that area, but it would matter the condition of the property, how many tenants are willing to move before closing, since there's significant upside. Are you planning to buy with cash? If not you might barely cover your expenses.

Good luck!

Hi @Destiny Hall, welcome to the BP community!