We have built both companies on intergity and that's one principal we stand firm on, we have licensed contractors to give accurate estimate cost for repair and an offer an home inspection to give the buyers the truth about the home that they are interested in.

And I agree that there are often intrinsic values built into these large purchases that don't appear very evident in paper analysis.

Project update for our single family flip in Plainville, CTThe plumber came on Wednesday to do the preliminary work needed for the 2nd floor bathroom to be built outOur contractors came out yesterday and today and their main focus is to take care of the 2nd floor rehab first. 

Even though you are young and maybe don't have as much cash built up, I think your willingness to push through the fear and take action is going to be a huge advantage and I really see you becoming very successful!

Last week on 6/17, my wife and I closed on our first home (2 story townhome built in 1997, 3BR 2.5 BA in the Houston area).

Then expand to flipping once I have a war chest built up.

3800 sq ft built 1920,New roof  approx.   10,000  might be low?

Mind you, there are some properties that are much more expensive and there are some condos that are listed in the area around $155-190k'ish range (built around that 70's-80's range).My question is how to determine how much it would cost to build to completely new properties, and how would those be comped out, as there doesn't appear to be a lot of new builds this area; however, I know of some new builds that are going up in the city next to it, which will be starting in the $450k range, and that's approximately 3-5 miles away; if that.I appreciate any advice you may have.

He'll travel a bit farther for me because of he relationship we've built.  

The area has been appreciating rapidly as well so hopefull we'll see values over 200 within next 5 years.