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Updated over 12 years ago on . Most recent reply

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14
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Brady Lucero
  • Great Falls, MT
0
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14
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Future Flipper

Brady Lucero
  • Great Falls, MT
Posted

Hello everyone,
I'm a 25 year old Journeyman Carpenter and my wife is a Realtor. We have successfully "flipped" two homes on the side now. We lived in each house two years to avoid capital gains. I did 100% of the work myself, made $40,000 on the first home and $30,000 on the latest.
Each of these homes produced a profit as large as my yearly salary and required MUCH less labor then a standard 2000 hour work year. Due to this I've decided to work 3 more years, build up a sufficient bank roll then quit my job as a Carpenter & become a full-time Flipper.

Of coarse I have tons to learn before embarking on this but I have all the enthusiasm and motivation in the world!

Would love to soak up all the knowledge I can so any advise would be greatly appreciated!

Here's a few before and afters of my latest house:


This was before all the siding was done...Haven't taken an updated shot yet.







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