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Updated about 1 year ago on . Most recent reply

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Griffin Ahmet
  • New to Real Estate
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Starting out in Real Estate investment and Flipping

Griffin Ahmet
  • New to Real Estate
Posted

I’m looking to start off my life in Real Estate investment and have been researching the idea of fix & flips for the past couple months. I’ve been spending a lot of time on Bigger Pockets and reading articles to prepare myself before I begin - but I’m at the moment where I feel I am in a great spot to start.

I’m interested in finding a fix & flip property in the Metro Detroit area that might offer a good opportunity.


Any tips, tricks, or advice for a beginning flipper?

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Samuel Diouf
#3 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus & Cleveland, OH
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Samuel Diouf
#3 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

Hey Griffin, I would start with something either turnkey or light value-add, so you can start forming your boots on the ground team with less pressure and risk. Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.

I suggest reading this BP article on the core 4.

https://www.biggerpockets.com/blog/core-four-real-estate-team

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