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Updated over 4 years ago on . Most recent reply

Jose Castillo's profile image
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Jose Castillo
  • Flipper/Rehabber
  • from Springfield, Massachusetts
  • Member since Jul 18, 2016
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Jose Castillo's profile image
Jose Castillo's profile image
Jose Castillo
  • Flipper/Rehabber
  • from Springfield, Massachusetts
  • Member since Jul 18, 2016
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Jose Castillo
  • Flipper/Rehabber
  • Springfield, MA
204
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641
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Rehabbing & House Flipping

First flip in Massachusetts results

Jose Castillo
  • Flipper/Rehabber
  • Springfield, MA
Posted
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
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Jim Sestito's profile image
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Jim Sestito
  • Investor
  • from Cambridge, MA
  • Member since Oct 26, 2013
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Jim Sestito's profile image
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Jim Sestito
  • Investor
  • from Cambridge, MA
  • Member since Oct 26, 2013
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Jim Sestito
  • Investor
  • Cambridge, MA
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Jim Sestito
  • Investor
  • Cambridge, MA
Replied

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).

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