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Updated 8 months ago on . Most recent reply

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Ty Kennedy
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Getting into flipping as a contractor.

Ty Kennedy
Posted

Hello! I'm a contractor based in Colorado Springs with extensive experience helping property flippers succeed in both Colorado Springs and Kansas City. Currently, I'm looking to connect with real estate investors in El Paso County and Douglas County. I'm eager to continue growing my remodeling business and would love to gain insights into the local market as I work toward acquiring my first property. With years of experience working alongside investors throughout the renovation process, I’ve developed a strong understanding of what it takes to succeed in this industry.

Thank you.

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Zachary Deal
#4 Medium-Term Rentals Contributor
  • Lender
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Zachary Deal
#4 Medium-Term Rentals Contributor
  • Lender
Replied
Quote from @Bruce Woodruff:

Congrats! I've done this with varying success. Be careful, just because you're a GC does not mean automatic success (ask me how I know :-)

Are you licensed? That will help....


Agreed with this. The best advice I have for someone doing their first flip is to start small and build up to larger renovation budgets (even an experienced contractor). There is a lot more room for something to go wrong with property that requires $150,000 reno budget vs a $75,000 budget (or less)

  • Zachary Deal
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