Updated over 2 years ago on . Most recent reply
House Flipping as a Newbie
As a first time investor, I see many people house hacking. Which is wonderful way to break into REI. My question is not for house-hacking advocates.
Has anyone ever went into house flipping for their first REI property? I love to hear feedback specific to how that went and receive any advice on the process as a first time REI.
Most Popular Reply
Your first property is going to be a nightmare, prepare for it. Your contractor is going to under budget, and you’re going to be spending a lot more money than you anticipated. Make sure you buy the deal right.