I would like to flip my first home in the upcoming months once I find a property that makes sense. I do have my eye on a select few houses that I'm watching but would like to put together a team to help with the flip. I own my home in NW Hills as well as a rental property in Cedar Park. So I know a few contractors that would be able to help but our list is very slim and we (my husband and I) could use some recommendations (particularly painters and general contractors). I'm also open to finding an investor who would want to partner! I'm a licensed Broker in Texas so have access to the MLS and could list/sell the homes as well. Any and ALL advice is welcome!
(Quick question for anyone reading this: when pricing your flip for sale, are you looking at the 'average' comps or are you pricing towards the higher end? It's quite a wide range of ppsf from the average sold comps and the highest comp and my instinct is to list just below the highest but I"m hesitant to do so since it's my first. The difference in sales price can be $20k+ which really throws off my margin guestimate on the homes that I'm eyeballing right now.)
