If we were to split like this on our current development, our engineers would collect 25 to 35 times as much as we paid them on a straight up fixed cost contract. 

Investment Info:Single-family residence fix & flip investment.

PLEASEI know the best fix is going to be investing and getting cash flow but that is in the works as I type this.

That said, I'm 6 years out of bankruptcy and on fixed income.

Haven't walked a property in years and just did one with my team a few weeks ago.I forgot the thrill of seeing these things derelict and then fixing them up.What a pleasure to see the transformation.What started as a simple dream for me of moving to the US and buying, fixing, holding a few properties and moving back to Australia turned into thousands of rehabs, many companies, staff and monsters with 17 heads lolIt's nice going back to the basics of how it all began.Just simply checking out distressed properties, negotiating, buying and fixing them up.Ahhhh, the good old days 🙏

If you think you're just going to go in and fix some drywall and resell a house in 60 days in neighborhoods that were battered by the storm for an ARV based on pre-storm sales, you are in for a rude awakening.

It's great you are getting set up to start your investing journey, but I wouldn't recommend taking someone else's money on your first fix and flip.

I am planning on 20% down , then a fixed payment based on current typical rates for the next 5 years, then a balloon payout at the five year mark.  

Investment Info:Single-family residence fix & flip investment.

Is this a diy-fix, professional fix, or a complete replacement?