That way you get some experience under your belt and then can slowly move up into bigger projects using your inheritance almost as a private lender that you pay back using the BRRRR strategy again then rinse and repeat.

While I say we’ve gotten lucky, hard work has played a role, while we have a friendly banker it took work to make him love us, and it took a few project done right to get on the radar for boomers to call us up to off load their properties.

I will post pictures of progress and plan to have a video log and hopefully a time lapse of the project. 

Now obviously I know that a roof/furnace would alter this number, but overall it's a huge gain.401(k):Now assume that I take that same $18,000 that I used for the rental property but instead max out my 401(k).

New kitchen, new floors,roof, paint, etc.

I'm handy by trade, have worked for and been a general contractor and have all the tools for the job, whether it's my actual tools or connections for bigger projects or repairs.

can I get some references for good GC who can work on flipping properties end to end for remodeling?

The projections your bank will make and DCR they require, tends to push your loan amount down.

Hey guys,So I found this triplex that is on the market for $290,000, the seller has redone the dry wall, roof and windows.

There is a guy on here who posted a very extensive thread about a SoCal development project, he might be a good contact for you.