The fix/flip model doesn't suit me too well since I like my day job so I wouldn't consider doing real estate full time.

Hello BP members;I'd like to get your perspectives on different business models that you have seen out there for those that want to flip houses.I am in a very fortunate position to have an investor behind me that is willing to fund my deals and a great rate.

Their model was wrong as they sold them all on contract and ended up getting a majority of them back in worse condition then when they sold them, but I think with our company we could truly supply a turn-key solution as we are Realtors, property managers, and investors ourselves(at least myself and the other two property managers at our company).We really only strictly deal with investors right now as far as the realty side of things, but we also are finding stuff that's off-market or never hits the market.

My recommendations are going to be more difficult and specific than the above, but they will serve you well for life.Learn accounting - if your high school has a course, take it, if not, get a managerial accounting book and learn the basics.Learn MS Excel - there is not a single real estate investment that can't be modeled using MS Excel, and know how to use it well will put you light years ahead of your peers.These two action items alone will make a huge difference in your future.My last piece of advice would be to start changing the way that you think.

How is he learning anything from his current model?

My buyers educated me on this new model they were following.A rehabber is only going to pay in the range of 70% less repairs for a house they didn't have to look for.

I am need of some serious expertise here.

I have a bachelors in construction management and have re-modeled single family homes for an investor before and currently work for a company remodeling commercial spaces.

Our brain possesses mirror neurons, and modeling a master is infinitely effective.This is not a sale and I am not getting paid to write this.

Choose the strategy that aligns with where you want to develop your expertise.