All Forum Posts by: Paul Fagot

Thank you Arpan Patel for the feedback! I will look at those things as well!

Hello BP community! I've been doing a lot of research and reading about fix n flipping and I've made connections with one of the main flippers in my area and he's a pretty cool and smart guy and has shown me a lot of things so far about what it's all about. I'm wanting to see if he would be willing to teach me everything with flipping a house. I have a good friend who would invest in me and provide me the money to fix n flip my first house (it'd cover purchase and repairs) pretty much what ever as long as he gets his money back plus what ever he wants to make (still have to find out how much he'd want) I just want to learn as much as I can and do everything by the books but my question is.. What different ways or the best ways should I go about this? I was thinking about going 50/50 on a deal. My part being, would be finding a deal at wholesale price, providing half the funds and being there every day till the project is complete by managing everything and making sure everything's going as planned. (since he has to be at his other projects as well). Open to any advice! Would like to get a lot of feedback on this for my first flip! :)

Hello BP community! I've been doing a lot of research and reading about fix n flipping and I've made connections with one of the main flippers in my area and he's a pretty cool and smart guy and has shown me a lot of things so far about what it's all about. I'm wanting to see if he would be willing to teach me everything with flipping a house. I have a good friend who would invest in me and provide me the money to fix n flip my first house (it'd cover purchase and repairs) pretty much what ever as long as he gets his money back plus what ever he wants to make (still have to find out how much he'd want) I just want to learn as much as I can and do everything by the books but my question is.. What different ways or the best ways should I go about this? I was thinking about going 50/50 on a deal. My part being, would be finding a deal at wholesale price, providing half the funds and being there every day till the project is complete by managing everything and making sure everything's going as planned. (since he has to be at his other projects as well). Open to any advice! Would like to get a lot of feedback on this for my first flip! :)

Hello BP community! I've been doing a lot of research and reading about fix n flipping and I've made connections with one of the main flippers in my area and he's a pretty cool and smart guy and has shown me a lot of things so far about what it's all about. I'm wanting to see if he would be willing to teach me everything with flipping a house. I have a good friend who would invest in me and provide me the money to fix n flip my first house (it'd cover purchase and repairs) pretty much what ever as long as he gets his money back plus what ever he wants to make (still have to find out how much he'd want) I just want to learn as much as I can and do everything by the books but my question is.. What different ways or the best ways should I go about this? I was thinking about going 50/50 on a deal. My part being, would be finding a deal at wholesale price, providing half the funds and being there every day till the project is complete by managing everything and making sure everything's going as planned. (since he has to be at his other projects as well). Open to any advice! Would like to get a lot of feedback on this for my first flip! :)

Thank you David Miller for the advice! Will do!

Larry F. Thanks for the feedback good to know

Jay DeCima this is a long shot but I just recently started reading your books and they've already inspired me! But I live in Redding, CA as well and I'd really enjoy meeting up with you and chatting for a bit. I know you're a busy man but me being 21 and starting to invest in real estate at this age I'd figure chatting with you about some advice and strategies would be a big thing for me!

Hello BP community! I live in Redding, CA and I'm looking into doing out of state wholesale deals as well as trying to get deals done in my city but only thing that I'm trying to figure out still is if I can do out of state deals with out an LLC. Is this possible? What is all needed when trying to wholesale out of state. Trying to get a lot of knowledge on this. Help or advice? Thanks.

That's Understandable. Thanks for the comment back we're gonna just have to figure something out.

Russell Brazil I can see that but why is that? I mean if We already have a buyer wanting to buy it don't you think the buyer would be a little lenient to at least show the financials and rent rolls.