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Updated about 6 years ago on . Most recent reply

User Stats

20
Posts
1
Votes
Clayton Howard
  • Flipper/Rehabber
1
Votes |
20
Posts

How should a contractor start of Property fix/flip company ?

Clayton Howard
  • Flipper/Rehabber
Posted

Licensed contractor in 3 states wanting to stop dealing with public clients and buy and flip my own properties. I have a full crew and connections with license holders in all other trades . I want to know specifically any insight anyone might have that would give me some clarity of perspective on what I can do to start acquiring property and becoming better at deal evaluating

Most Popular Reply

User Stats

20
Posts
1
Votes
Clayton Howard
  • Flipper/Rehabber
1
Votes |
20
Posts
Clayton Howard
  • Flipper/Rehabber
Replied

@Bevla Reeves-Thanks for the wisdom. I'm currently attempting to bid auctions on Auction and use wholesalers but I've found in general the prices are just too high. I'm in NJ and investing in Newark, Irvington and other areas seems to be profitable as long as the buy in is low as you have stated. Yet wholesalers are selling these properties for close to what the ARV would be post rehab. Any suggestions as to how I could surmount this obstacle??

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