All Forum Posts by: Drummer Lambert

Tyler 

I personally have not found estimating a rehab or fix and flip based on price per sq/ft is very accurate. I'm not saying it can't be done or that other contractors don't use that method to a certain extent but I certainly don't. As it was mentioned above, each project/house has its own specific criteria and situation. The margins can sway drastically based on what you actually want to do with the rehab. You could redo a kitchen for 10k or 50k. Hard to put a price per sq when scope of work plays such an important role in your rehab budget. 

Drummer

I am a licensed remodel contractor. PM me if you are interested in talking about a project. 

Hi Bob

In answer to your question I guess I am just looking for info.  I am new to the investing side of things.  My background is in remodeling.  I have a small understanding of how everything works.  I feel where I am lost is with the official "stuff" like contracts/title work etc.  That is why I posed that question.  When I manage to find a deal, what next?  Someone had mentioned a mentor and I hear that a lot so that might be my next step.

So If I have done marketing, have found a motivated seller, and have funds in place.  What do I do next?  Find a Realtor? Contact a Title company?  I guess I don't know what the official next step would be.