how to flip the house

Question

So my question might seem simple or even stupid to some people, nut we all have to start at some point.

I do have some cash saved up enought for a down payment, and i would like to buy a property to flip and make money, I KNOW IT IS NOT EASY, especially for someone who has never done it.

My question is to people who has flipped houses or know how it works, assuiming I get a house that needs some work in order to make money and resell i have to renovate it nicely but I dont have any skills nor knowledge how to do remodel and I would have to get contractors to do it for me and they are not cheap at that point i would get contractors to do everything and will i make any profit after selling the hosue?

How do u guys do the flip u do everything urself >? considering i dont know much would it make any sense for me to do it even ?

Carini Rochester · Answer

The flippers in my area who are most successful are also very experienced. Some are contractors, some are real estate agents, some are investors. But, they all started inexperienced. See if you can find a contractor who will show you around their current project. Get to know people in the various trades (plumbers, electricians, carpenters, painters, siding installers.) Start with one that only needs some cosmetic fixes (minimal drywall, paint, flooring) and see how you do. Probably don't start with a complete gut.