Establishing your team is crucial to a smooth start in this market.

They reported that it had been a difficult transition.

It would be amazing if someone is willing to go to the showing and make sure it goes smoothly for me.

Even though I know the numbers well from my previous experience, I’m sure there are some unique challenges when it comes to flips—like managing renovations, timelines, and of course, staying on budget.For those of you who made the transition or started out flipping, what’s something you wish you knew before your first project?

I'll be transitioning 12 months from now. 

So you need to be local to know who is in the area and ensure your street doesn't transition down in quality...it can happen in 12-18 months before you can do anything about it.

Proper notice ensures a smooth transition between tenants and helps you manage vacancies.

It's not cash-flowing the most, but the renter has paid on time, and it's been smooth sailing.

Definitely weigh the pros and cons, and as always, consulting with a real estate attorney or financial advisor may help you navigate this transition smoothly.Hope this helps and best of luck with your continued growth!

If I provide the notice prior to the end of the12 month lease (October 28) do I still have to pay them several months of rent to help them transition to another rental?