All Forum Posts by: KIran K.

@KIran K.,

Ah, yes ... The School of Hard Knocks is THE most expensive education out there.

There *IS* an alternative, of course. Your losses on this deal could have paid for your education 5 times, you may have come out ahead instead of such a huge loss.

@Kapena Otare sorry to hear about your financial lost. I have to ask .. who thought you the Formula to flip houses be at 65% or 70%?

 First, thanks for giving the details on the contractor, that helps us all level up. 

About finding new avenues to find flips... Have you considered small, targeted direct to seller campaigns? 

@KIran Kaur why not a construction loan or something like FHA 203k? I've sold plenty of dilapidated properties and a lot of small time investors use these loans to purchase.

@KIran Kaur

I'm a contractor and I'm sorry you had to go through this. These pictures tell me that this person had zero clue what they were doing. Items like the casing cut around the base molding actually took more effort to do it wrong then do it right.

I will say that during site visits you should have seen the work was not looking correct and should have stopped it at that moment before it got carried away.

Try and familiarize yourself with as much of the construction rehab process as you can. It will be of tremendous help going forward.

@KIran K. What was it like working with myhousedeals? Never knew they even existed! Would love to know your experience.