Hello all, new to this side of the market. Looking for any info on how to get started with something small, doing all the work myself and going from there. Any advice for a first timer would be much appreciated.
Winston Salem, NC · Member since 2017 · 201 posts · 56 votes
7y
Maurice is right, what market are you in and expertise. You could do cosmetic flips, which is slapping on some paint on the walls etc. Outside that it depends on your definition of small, which depends on your expertise and length of time some deals you can fix up In a matter of weeks and some days. Good thing is I dnt know how to do anything physical, therefore, I had to leverage everything. Some that have certain expertise tend to want to be involved. Depending on if people have full time jobs and kids etc takes some so long to get anywhere trying to do the work themselves. I have stopped flipping like a year ago, cause I have easier ways to make money in realestate , faster and less headaches can do alot at once. Yeah In realestate tons of ways to make money just depends on your end goal. You came to the right place plenty of great advice on here! What gets most is finding good deals , not really hard imo I responded to a post on here and plenty are doing great now they pm me.
Winston Salem, NC · Member since 2017 · 201 posts · 56 votes
7y
Maurice is right, what market are you in and expertise. You could do cosmetic flips, which is slapping on some paint on the walls etc. Outside that it depends on your definition of small, which depends on your expertise and length of time some deals you can fix up In a matter of weeks and some days. Good thing is I dnt know how to do anything physical, therefore, I had to leverage everything. Some that have certain expertise tend to want to be involved. Depending on if people have full time jobs and kids etc takes some so long to get anywhere trying to do the work themselves. I have stopped flipping like a year ago, cause I have easier ways to make money in realestate , faster and less headaches can do alot at once. Yeah In realestate tons of ways to make money just depends on your end goal. You came to the right place plenty of great advice on here! What gets most is finding good deals , not really hard imo I responded to a post on here and plenty are doing great now they pm me.
Thanks for the replies, I have actually been in the remodel business for the past couple of years do everything from hardwood floor installation/ refinishing to interior trim and everything in between. I’m located in independence Kentucky but work usually out of the Madiera/Indian hill, Ohio area so of course quality is key. My goal Is to be able to work with a partner to purchase property and I pretty much handle the workload wether it be make it pretty or make it amazing all in all make a profit and keep moving forward. All in all I just want to grow and be successful.
I just read above you're in Independence, I'm right next door in Taylor Mill (Ryland Heights actually).
I actually help host a meetup in Deer Park, last Tuesday every month. My friend @Garth Kukla also has a meetup in NKY I believe (I've yet to go, sorry Garth).