4 Things You Should Know Before You Flip a HouseAs an entrepreneurial-minded person, you love to examine potential business opportunities.

Approval took a while: first - the Plans Examiner sent them back, requiring that we specify fire rating of materials because they want to ensure a fire in one unit will still allow the occupant of the second unit enough time to escape the property.

I need to come up with some proforma numbers to examine the viability of both equity and debt.

They will then notify you, you will make payment, then the process begins.The Tax Collector will then:Pay those other outstanding certificate holders their face value and accrued interest; and, order from the approved title company an Owners and Encumbrance Report; and, surrender to the Registry of the Clerk of Circuit Courts or Comptroller those statutory costs associated with the auction; and, order from the approved vendor an advertisement to run for four consecutive weeks in a newspaper of general circulation in the county; and, remit for recording to the County Clerk's office the statement of service and party accuracy, once the title report has been examined; and, send out letters of public notification to all parties named on the O&E report; and, examine documentation found in the Property Appraisers records to verify legal descriptions, plat maps, etc etc. 

Note: sometimes you can get an agent or broker to reimburse you for the pre-licensing course if you pass and join their company.Once you are ready, then pass a national/state exam. In

These being your first properties it seems like your being hard on the tenant but it’s a fact of life – examine your own personal costs.

Odds are it has soaked into the subfloor as well, so you will likely need to pull up the flooring to examine the subfloor, and replace it as well if there is mold present.  

Here's a Bulletin on BP pointing to an article that examines this question . . . the chart is pretty remakable and worth a look:How Low Can the Market Go?

It is those of us who ask for and examine the evidence before forming an opinion who are the critical thinkers.

Examine the scope of work carefully to make sure you were not double charged.