Do you think the first time flipper typically does better or worst than this average?

I like to plan for worst case scenario.

People keep buying these $30,000 shacks in the worst areas or the country because they look good on paper.

Just assume worst case and if you can handle the numbers that’s great.

Hi all!I am currently taking the classes to get my real estate license in CO. My background has mostly been in mortgage operations but I am ready to venture out and be my own boss - so to speak. I am currently taking ...

Occasionally I get leads, but they are usually a pain to value accurately because Westmoreland probably has the worst public records online of any of the countries over here.

Man people can suck, what you described is my worst nightmare.

Worst case scenario I have a furnished apartment to rent less than 5 minutes from UTA.

It depends on the price point but generally, enough to cover the worst thing that could reasonably happen which is usually going to be a roof replacement, but as number of units increases this can be stretched a little bit as it is unlikely you will have 5 roofs go out at the same time.

Worst case scenario it works as a starter home since it's less than what I was paying for my rental property.