Today, I’m in a place where I can share my knowledge and experience with clients, while still valuing their input and perspectives.The Dunning-Kruger effect reminds us that learning is a continuous process.

They are your guide through the process.

What’s your process for determining if a property should be flipped or turned into a rental instead?

I don't know that there is a much bigger vetting process other than if they can pay for leads, but correct me if I am wrong.I have been on here for ten years and sourced hundreds of leads without ever asking for a single thing because all I do is show up and answer questions and add value.

Hi , I pretty much found many of them to be around the same but what I do recommend and what I did was call as many local banks and credit unions as I could and ask them rates , amortization schedule, origination fees, pre payment  penalties , refinance options if rates go down , as many things as you can think of  and write it all down for each one.

All you're doing is finishing space and you should be able to go through normal permitting processes to get that done.  

Had the help of David Armenta of Armenta Realty, who walked us through the process and taught us the importance of our first home purchase.

I will have the Seller sign the Assignment of Agreement Addendum to ensure no problems.Appreciate the help.Loren Hello Loren,I'm actually interested in doing the same process for some properties in California.

Quote from @Jake Hughes: Called my CPA and they mentioned that aside from tax write offs we can do a cost segregation study on one of my properties.

You can write it up in the Purchase and Sale Agreement.I would exhaust all options with the seller before going hard or private money.