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All Forum Posts by: Derek Lester

Derek Lester has started 3 posts and replied 4 times.

Post: Virtual Architect Off Upwork

Derek LesterPosted
  • Flipper/Rehabber
  • New Jersey
  • Posts 4
  • Votes 0

Have you ever used a virtual architect like on upwork to save money on drawings when investing in a property? I'm curious if I can cut cost from using a local architect. 

Post: Market Crash Preparation

Derek LesterPosted
  • Flipper/Rehabber
  • New Jersey
  • Posts 4
  • Votes 0

Real Estate Market Crash

Post: Market Crash Preparation

Derek LesterPosted
  • Flipper/Rehabber
  • New Jersey
  • Posts 4
  • Votes 0

When the market crashes will flippers become renters? What are some safety precautions flippers take in case of a market crash? Do flippers still make money in a down market? Asking because I'm just starting out in real estate and want to have the best preparation strategy.

Post: Investing in a Truck

Derek LesterPosted
  • Flipper/Rehabber
  • New Jersey
  • Posts 4
  • Votes 0

Hey Guys, I partnered with my college buddy on a flip, I've been researching and looking to get into it on my own. He recently purchase a nissan tundra because he said it saves him money on picking up materials and quotes from general contractor. If you're just starting out would you worry about this as I want to come out the gate cutting as much cost as possible.