Updated about 9 years ago on . Most recent reply
Aspiring Rehabber in Brick, New Jersey
In the past month I decided to aggressively pursue my first fix and flip property. I am focusing on a specific area in a specific price range so I can try to keep things as simple as possible for my first one. I am looking for 3/1 or 3/2 homes in the low 100K range in Brick, NJ. I have looked at a few houses so far with my realtor, but I quickly realized I wasn't accomplishing anything due to the fact that I am not really experienced in estimating rehab costs and that is a vital component in the formula of house flipping. Do a lot of you walk through potential flips with your contractor and your realtor together the first time you see a house? I'm assuming after you have a few flips under your belt, estimating rehab costs becomes easier.
I've also noticed that the properties I come across that look like good deals do not last. They are usually gone before I can set up a walk through with my realtor.
I would be interested in hearing from anyone in my area who has experience completing some fix and flip deals.
Most Popular Reply
Chris Rusoff hey can you PM me your email