How do I find reputable flippers in my area?

Question

I'd like to connect with some experienced and reputable fix-and-flippers in my area who have a great track record of success. I'm interested in possibly partnering as a lender. But I don't personally have the knowledge, experience, or connections to feel confident flipping on my own. I'm in the ATX area but would be willing to work with folks as far away as San Antonio, Waco, and College Station.

Stephanie Moreno · Answer

Hi there! Id be happy to chat with you, I work mainly with investors focused on fix and flip/ rentals or new contruction.

its great that you are going to a meetup! Exposing yourself and get to know everyone in the community is huge!

Rick Pozos · Answer

Do your marketing to find a deal. THAT is what will get people's attention. When someone has a great deal that we are BOTH going to make money on, I get excited. If you go on MLS and find a house that is move in ready, market price minus 5k, not real excited.

The house that needs some work, but also has some potential for rehab and 50k in profit to split, WINNER!!

Find a deal and present it to your potential partner. My info is on my profile.

Jordan Moorhead · Answer

If you have 7 figures plus to lend I work with the biggest flipper in Austin

Hunter Reed · Answer

Fran, hiring or possibly partnering with a fix-and-flipper can either hurt your pockets or fill them up. If I were in your position, I would first locate and purchase a property that has built in equity assuming profitable ARV. Once you have found the property start by quoting contractors or flippers. Be aware of zoning laws and building permits for these variables could cost your investment unnecessary time and resources. Before you decide on a contractor or flipper, create a contract that states when and how the rehab will be done. In your contract include clauses that state if the work is done by this specific date then... Or if the work is completed before the deadline then there will be an extra incentive. If the work is not completed by this date then there will be no pay... (Worst case scenario it will be decided by the judaical system) If you are paying cash for the investment great but if you are going to be taking out a loan then I would advise that you look into short term loans. Most flippers utilize a short term loan. Short term loans include higher interest payment but much lower principle compared to a long term loan. Hope this helps. Good luck!

John O'Leary · Answer

Hey Fran,

I'm in the Boardroom Mastermind ran by Kent Clothier. There are a few very large investors in our group from your area. DM me for more info.

Zachary Ware · Answer

Great idea. I have met many experienced flippers at local meetups here in ATX.

Jason Hirko · Answer

First figure out what you can do for the person you want to partner with. Like @Rick Pozos said, bring them a smoking deal is a great way.

Kerry Noble Jr · Answer

Find those REIAs in those areas

Bill J Fay · Answer

An underrated spot to find RE Investors is at the local foreclosure auctions. You will find many local investors looking to find deals. Especially if they are there to bid, you know they are committed. They should have other contacts in the space as well.

How do I find reputable flippers in my area?

How do I find reputable flippers in my area?

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