When buying a fixer-upper in Waco, what are the key factors you look for to ensure the property has strong profit potential?

It really depends on what goals you are trying to accomplish and the type of housing you are looking.My partner and I have our own construction companies that we work together and we've been helping clients to renovate to either flip or rentals.

The open house was a flip, really nicely done - had it been 2018 or 2019 I think this home would have gotten multiple offers listed at just under $2 million but I don't think as many people want to live in San Francisco as pre-COVID.

Bitcoin will eventually flip gold.

Did you flip this property?

How do you assess and manage risk when financing a large-scale fix-and-flip project?

As an agent, you likely have several clients, so ask them if they have had any good experiences with contractors.Your client can do the same with their network.Good contractors are one of the hardest things to find for a flip.  

Hey everyone. This is a rather interesting scenario I evaluated a few months ago. The borrower purchased the subject property at a VERY HIGH PRICE. Why? Because I came up with an ARV of only $550,000, based on comps t...

So do I just start calling companies or how would I build a team when I have no property to flip and work on? 

Hi BP Community,I'm in the process of evaluating a fix-and-flip opportunity for a single-family home (SFH) with the following details:Purchase Price: $1,000,000Renovation Costs: Approximately $400,000Estimated Timeline: 12-14 months from purchase to saleI'm trying to determine what would be considered "good enough" multiples and internal rate of return (IRR) for this type of project.