All Forum Posts by: Anthony Nguyen

I own what I rent out, and rent where I live. Uncle GC taught me that. And we pay $2300/mo for a 1br 700sf apartment in the SFV of Los Angeles.

Welcome man.

I could flip that mill 6-8  times safely in the LA market.

Julie Marquez It is my full time hobby. It's not a job if you enjoy it! 21-24 days, sometimes 30 days dependent on weather and inspections. I've done a few faster then those times. And yea full rehabs. 2015 we did 74 houses on BT. 2016 we did 62. I also did about 5 extra for a friend in 2016 but did not use BT.

As someone who has managed alot of flips for investors in the past 2 years alone, I use BuilderTrend to keep the stakeholders in the loop. Lots of documentation of the projects. I make the decisions on the fly if any are needed.  It took a few projects to understand what each investor wants for their end product.

I use about 4 GC's at this point and rotate them and stay on them for the projects. Using subs we can save some money, but when you have 5-8 projects at a time with construction times for each averaging 21 days a piece, it takes too much delegating and can be very difficult with how spread out these projects are out here in LA.

Hello all. Happy 2017.

As someone who manages alot of projects for investors, I wanted to see and create small talk on creative things you all do for your projects to make things work during the remodel phase.

One thing I do is when we have an odd size needed for a vanity mirror, we just make one out of frameless glass, and trim it with some casing. Not new, but sure works when time is of essence.

This was quicker to make, then trying to move the outlet, or settle for non centered dual mirrors.

what is your target budget?

IMO LA is either quick fast flip, or somewhere to park your money and bring in some kind of rental income 

@Ali Al-Mashat  I participate in the intial walk pre-purchase all the way to the photos of the end product for the listings, even to the R4R and maintenance of the listings until sold.

@Fred Sams The property is 1560sf and no sf was changed by adding. We simply converted the front living room into a master bedroom, and turned the old master into what you now see is a reading nook where the teepee is. Then we used some of the space to enlarge the living room.

@Andy Cross I flipped my own homes starting about 10 years ago for about 5 years. Learned doing the work with my Dad, who pretty much had me help him on all of our house projects growing up. I also have a GC business back in my home state with partners and gave myself a crash course how to run a GC company for 5 years before moving west. Strange as it sounds, I manage projects for everyone fine, but my own life I need my own manager...aka Life Manager...aka the wife lol But I would not say I am a rockstar at all. I learn every day. I just have a pretty good work ethic.

Logan Turner Pretty much everything to us is a tool other than the paint, primer, and maybe tape. Dropcloths, ladders, scaffolds, brushes they should already have. If not then maybe I should be looking else where. I manage too many projects to be worrying if the sub does not have those items.