We specialize in providing distressed investment properties for fix and flips or rentals. 

Hey everyone, I’m a realtor focusing on fix-and-flip opportunities in San Antonio and Austin.

It was similar for COVID.When you buy a property, many other important factors are fixed and cannot be changed, as illustrated in the diagram below.

Fix/flip and wholesaling but mainly fix and flip in SF Bay Area.

If you can find a deal where you're all in at 75 or 70% or better, you can get a hard money loan to buy the house and fix it up with 10% of the project down, sometimes even less. 

You just need to bring it in continuously every other day for repairs, to keep fixing the stuff that constantly breaks, to make it run, so because the car is always being fixed (because it always breaks), my conclusion is the car works, and so the car brand is A-Okay.That doesn't make any sense, does it? 

Where they were all looking at it as “$250,000 to fix it up”, I was looking at “how much to tear it down and subdivide”.

What I mean is, if you are thinking $50,000 down, plus closing cost, plus fix up cost, plus time on market to get rented as your foot in the door cost to get up and going- you might want to add an extra line item for additional time and additional costs associated with this type of scenario.

Regular preventative maintenance, typically during turnovers between tenants I take note, anything that will likely be a need to repair in the next 12mo I try to fix during my turnovers before a new tenant, but I also take note of anything that may be needed in the next 24mo and the next 5years and I estimate the cost and budget it into my reserves Best of luck with your self management journey!

If they perform poorly, you are out the rent income or their paycheck, and you have to pay to fix the problem.