All Forum Posts by: Paige Brewer

It took about two years for my brother and I to find the deal we knew we wouldn't lose money on. I wanted a partner I could trust and knew I could split the work with! Since we wanted to buy, flip and rent out near the college campus I was then attending. It went great but we definitely learned a lot along the way about when to hire out help and when it's best to save on labor and learn to do it yourself! We went on to purchase a few more around that same area! We have yet to branch out but are now looking in the Nashville area, about an hour away!

That's so exciting! Definitely what I see investors run into most often is not doing enough homework on the back end and getting crazy numbers from contractors that are just unrealistic! Once you know the costs of renovations you'll save money and a headache in the end. Good luck to you both! 

@Traci Cameron Sometimes it's best to find the best deals with those who can find off-market properties. If many competing investors are cash buyers, it would be best to find a partner or go through a hard-money lender and save the headache and time cost of a conventional loan.