First flip in Massachusetts results

[Jose Castillo]

Just looking for any advice from investors in Massachusetts. What did you guys learn from your first flip and what would you recommend a newbie to do prier to their first flip? Thanks

[Jim Sestito]

First one is your education - 

- Make money when you buy not when you sell.

- Run conservative numbers - renovations have a way of snowballing $$$.

- Do these as fast as you can afford (holding costs add up quick)

- Price it right (price it to sell).