Now ... save, save, save and repeat the process with any lessons you learn from this.Cheers!

As a top bird dog in the area, I’m connecting buyers directly to end users, bypassing the traditional marketing process altogether.

Bookkeeping is the process of recording and organizing income and expenses for your rental.

What other items should I look for or know about the farming process before getting started?

But if they are showing properties that haven't actually sold recently, or not reflecting recent sold data, then that's a problem and will throw off my own evaluation process. yes that is a bigger problem for sure.

Do you mostly rely on your property management software, or do you have additional processes in place to keep things running smoothly?

Moreover, for someone in your position just starting, it's best advised to partner with an experienced individual to mitigate risk and adequately learn the process.

The pitfall potentials are many, and most speak back to neglect in process.

When you finance the purchase of the property you have to go through the whole underwriting process which can take 21-30 days.

Successful flippers are:- Building relationships with reliable contractors- Ordering materials well in advance- Being strategic about which renovations will truly deliver ROI Regulatory EnvironmentRecent changes to Phoenix building codes have emphasized:- Stricter energy efficiency requirements- More rigorous inspection processes- Additional permits for certain types of renovationsBe prepared for longer permitting timelines than in years past.Financial ConsiderationsThe financing landscape has evolved significantly:- Hard money lenders are offering more competitive rates (7-9%) than the 12-14% seen in 2022- Several Phoenix-specific investment groups have emerged that pool resources for flips- Traditional lenders now offer more renovation loan products tailored specifically to the Arizona marketThe Bottom LineThe Phoenix market in 2025 offers solid opportunity for house flippers who approach projects strategically.