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Rehabbing & House Flipping

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Elliot A
  • New York
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How did you become knowledgeable in the construction/renovation aspect of flipping?

Elliot A
  • New York
Posted Oct 5 2011, 14:55

Before I really dive into the waters I really feel as if I need to have a firm grasp on the construction aspect of this business. Unfortunately I have little to no experience in this field and I would really like to become a little more knowledgeable and gain some experience before I start a rehab project.

From all the stories I've heard of contractors overcharging for exorbitant amounts of money/stalling projects and draining money I feel as if the one thing I'm really lacking is knowledge in construction. Knowing how much to pay, what needs to be done in a rehab, how long each thing should take, etc. (Btw, I don't mean this post to sound as if all contractors are thieves, I know there are reputable and honest ones as well)

I was wondering how you all got started and if you could offer any advice! Thanks!

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