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All Forum Posts by: Ross Montgomery

Ross Montgomery has started 2 posts and replied 3 times.

Post: Seller's market?

Ross MontgomeryPosted
  • Lafayette, LA
  • Posts 3
  • Votes 1

I live in Louisiana around the area that was affected by all the flooding and bad weather we had a couple of weeks ago. I'm currently looking for my first home to flip however I'm questioning whether or not this is a good time to do this due to the flooding we had recently. There are for sale signs everywhere, obviously this is a buyers market but I'm not so sure it's a great time to sell. The only factor that's keeping me interested is I'm keeping my prices lower, well under the 100 thousand price with only 15 to 20 thousand rehab cost. All in all would it be a better time to acquire rental properties or continue looking for a flip?

Post: Potential first flip

Ross MontgomeryPosted
  • Lafayette, LA
  • Posts 3
  • Votes 1

Thanks Robert for your response and advice. Will definitely give you a call on Sunday. 

Post: Potential first flip

Ross MontgomeryPosted
  • Lafayette, LA
  • Posts 3
  • Votes 1

I'm currently in the process of purchasing a home to flip. Wanting some advice on where to start? I got an estimate on what it would cost to do a basic renovation. I need to find an inspector in the area to make sure there are no problems (structural/plumbing/roofing/ electrical, etc...) before deciding to go through with the purchase. The home is in Lafayette la