All Forum Posts by: Richard Fields

Welcome Brian. I'm an HVAC mechanic who like you has done work for investors and want to get into this. Best of luck to you, you've come to the right place. I'm new to this too, but one piece of advice I can give you is, learn all you can here and don't waste your money of those gurus investment courses. 

I just went there and downloaded it. I made it with OpenOffice but it's compatible with Excell

Welcome Elfin. You've come to the right place. There's a million dollars worth of info here and 99% of it's free

 I love that idea

Here's the link to the spreadsheet. It's not fancy but it's free

https://www.biggerpockets.com/files/user/RichardF20/file/j-scotts-sow

I've painted copper black before bringing to a job site in bad neighborhoods, so anyone watching would think it's black iron pipe

Thank you for the correction. I thought you only had to own it for 2 years. Still learning.

You can use an FHA loan, BUT, you have to live in the house for 1 year before you can sell it. If you live in it for a year, you may want to think about renting it out for another year. If you hold it for 2 years before you sell, you won't have to pay capital gains tax

Thank you Michael

Can you upload files here? I created a spreadsheet to mirror J Scott's SOW from his Book on Flipping Houses. I thought if anyone wanted it I could upload it here