And then do it again.It is actually possible to have a super experienced General Contractor, a very deep pockets money partner, and still lose money on a flip.The most common reason, in my experience, is having a project run over schedule and placing the property on the market during the off-season.

.$69.99 - BISSELL Little Green MultiClean Portable Deep Cleaner - https://www.costco.com/bissell-little-green-multiclean-porta...If you are going to have pets, then this little guy is great.

Maybe some East Austin, but I want to prioritize the capital in the better areas-- deep eddy, tarryton, clarksville.

the deep hood period.now you have Aaron driving by and saying bad neighborhood on the decline he I am sure is being politcly correct and being nice.. so read between the lines..  

We are simply a group of almost 150 investors in RADD who have had zero returns and are looking for options to get our money back...if possible. unless there is insurance to go after or some hidden deep pockets  class action is a non starter I suspect. just looks like from we see a failed investment or at least a deeply flawed one.

For example a property with a $100,000 door cost and very little capex is going to be a much better deal than a property across the street that is $80,000 per door but has significant deferred maintenance.So the analysis is preliminary and either can be used, but at end of the day you need to deep dive into the entire picture.

Would you dig 120 feet of trench 3 feet deep, and get the material, for $350?

Although instead of knowing about roofs and rehab.. land folks need to know about:Zoningwhere is the power  is there internethow deep are the wells or is its an area that water is super toughDoes it perc. and or how expensive are septic systems.Wetlands Etc.Now if you target land with all city services then its just dead simple.. figure out the retail value and buy below it and do your flip..

I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems  sincerely empathetic to our situation.

I do it for a living and finance about 200 of them a year for other flippers this is why i have a pretty deep understanding of distressed assets and the taking advantage of those that might no realize they are paying 3X what a property is worth.. if your paying market price or maybe 10% higher for the owner finance i get that I do that and agree with that thought process..