Newbie Flipping in Dallas/Fort Worth

12 Replies

Hey everyone,

My name is Blake. I'm brand new to this site and will start flipping homes in the DFW metroplex very soon. I want to make sure I don't make a bad decision with my first purchase and would even be interested in partnering if someone is interested in doing so. Is there anyone on here familiar with the area that can give me some advice? Any tips from veterans in the community that I need to know to help me in my journey? Just a little nervous since I'm new to this but definitely ready.

Look forward to hearing from you,

Blake Watkins

@Blake Watkins

Welcome. 

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers). You can Google to locate them and go to meetup.com

Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook

Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

Good Luck

Paul

This post has been removed.

First off thanks to everyone for replying. 

Account Closed  the "Learn" section is full of good stuff. Thanks!

Welcome aboard, Blake. When you are evaluating a deal you can post about it here for some feedback. You don't have to put the address, but give us your numbers and the comps.

Hi @Blake Watkins

I'm also in Fort Worth. Which REI meeting did you attend? I attended one in Arlington. I'm new also, but we can analyze deals together or talk further if you'd like.

Welcome welcome @Blake Watkins ! You and I have the same goals.  What part of Fort Worth are you looking at working in?