Lastly, if this is your first fixer-upper, I suggest going in with an experienced and successful fixer-upper partner/mentor. 

pricing these days for HML is based on experience  No experience pretty expensive  ..so in my mind first few out of the gate I would do this with an equity partner safer and less frustrating than trying to go HML  once you can show a few successful flips under your belt the HML route will be easier and less expensive..

It's our view that it is our job to make sure that we are doing everything that we can to set the buyer up for success at the beginning.Hope that helps,Chris Pre

Guaranteed to be time well spent...Best of luck to you and I look forward to following your success on BP!

BEST WISHES and SUCCESS to YOU.

Most of the guests answer Brandon's last question "What sets apart a successful investor from one who gives up?"

Consider that two of the most important factors in the success of a real estate investment is location and property management.

Hello BP, I'm working on a mostly cosmetic renovation project here in New Orleans  I was wondering if there are any experience contractors or anyone here that could recommend contractors that they've used successfully in the past.

I'm not really excited about leaving an electric heater running unattended, nor do I think that curious, uneducated minds would think it was necessary to run one in an unoccupied space, nor would they appreciate the extra heat in summer, or the extra expense added to their electric bill.I'm wondering if anyone has tried any of these, or if they have success doing something else to help cure a damp basement.Thanks in advance.

There are a TON of very successful people that have their license.