New to BiggerPockets

[Jill Barrett]

Just wanted to introduce ourselves! We're Jill & Jay and are newbie investors. We have 2 multi-family properties in the Upper Peninsula of Michigan, and we just bought our first fix N flip last week. We love to buy the properties that others walk away from. They ones that need new roofs, have broken pipes, no heat source, or have water damage. We do all the work ourselves and enjoy spending the time together. We do this while Jill works a W-2 job and our goal is for her to leave that job and just do properties. We're hoping this fix N flip will be the answer to this! 

[Drew Sygit]

@Jill Barrett Hey, what does Jay say about you quiting your W-2 job? :)

Having done something similar years ago, would advise you NOT to quit W-2 until you have a crew you can depend on to do at least 80% of the rehab work.

You should also be building a network that exposes you to more deals than you can currently handle.

Otherwise, you're just trading one job for another and won't be able to scale enough to generate the number of flips you need to replace W-2 job.