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Updated 4 days ago on . Most recent reply

User Stats

14
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11
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Tanya McDonald
  • Real Estate Agent
  • California
11
Votes |
14
Posts

First Flip in Bakersfield – Thanks to BP!

Tanya McDonald
  • Real Estate Agent
  • California
Posted

Hey guys! Just wanted to share a quick update — I recently closed escrow on my first flip in Bakersfield (May 7), and we’re getting ready to list next week!

This opportunity came together thanks to everything I learned from BiggerPockets forums and videos, so huge shoutout to the community 🙌

The house was a full gut job — new roof, complete interior renovation, and yes… there was literally a hole straight from the living room to the crawlspace 😅

We managed to move fast and keep things clean, mostly because I followed a lot of the advice from others here — especially around project management and keeping crews accountable. Definitely learned a ton.

Only thing I might’ve done differently? I think I could’ve locked in a better Hard Money loan structure. But hey — now I know what to look for next time.

Curious to hear:

What do you wish you knew on your first flip? Let's keep the community fed! haha

Anyone else working on something in Kern County/ LA County right now?

    Most Popular Reply

    User Stats

    20
    Posts
    4
    Votes
    Ekaterina Lansky
    • Real Estate Consultant
    • California
    4
    Votes |
    20
    Posts
    Ekaterina Lansky
    • Real Estate Consultant
    • California
    Replied

    Hello Tanya! Congrats on closing your first flip! A hole in the living room to the crawlspace sounds wild:))

    For my first flip, I wish I’d known how fast little costs add up, like, those “small” change orders can sneak up on you. Pro tip: build a buffer into your budget for surprises.

    On the hard money loan, yeah, been there! Next time, shop around for lenders who compete on rates, it can save you a ton.

    I'm in California too, lets connect! 

    Cheers,

    • Ekaterina Lansky
    business profile image
    Lending Exchange

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