One thing does that doesn’t get discussed during all of the flipping shows on TV is what happens after you sell your fix and flip to a homeowner. Most times, the homeowner is happy, and you and your team are onto the next project. However, issues can absolutely arise after the property is sold. How do you handle it as the developer? This is an important question to answer and to determine ahead of time.
Related: 3 Ways to Fund Your Very First Flip
How to Estimate Rehab Costs!
Estimating rehab costs accurately can make or break your real estate business, and it takes years of experience for even the best rehabbers to master the art. However, you can expose yourself to less risk and get more accurate with your projections by learning how the pros think when estimating construction costs.
Issues Post-Flip? Watch This.
During today’s video, I share some tips to help you when you find yourself in this situation, including the following:
- Purchasing a warranty
- Listening and discussing
- Involving the contractor
I hope today’s video is helpful to you. Let’s get into some discussion.
What strategies have you used in these sticky type of situations?
Thanks as always for watching and commenting!