All Forum Posts by: Account Closed

@Takahito Torimoto

Welcome to BP! I also have one rental property. I'm trying to learn how to wholesale and flip so I can buy more cash flowing rentals. You are in the right place to learn and meet other people to network with!

 This is how I heard it done on the Flip2Freedom Podcast Episode 14. Hope this link works. I'm still learning how to do it. I thought this episode had some good info about buying REO properties.

@Mack McPhatter

Thanks for the response! I will keep my eye out for opportunities like this in the future!

@Mack McPhatter

This is interesting to me. I never think about looking at vacant land. I've heard some investors on the BP podcasts talk about how profitable vacant land or lots can be and how little competition there is. I'm curious about some details of this land. Is it in a neighborhood or along a highway somewhere? Is the slab from an old house that was torn down or a house that was started and never finished? 

@Uriah D.

I'm my SFR my tenant is responsible for pest control. I am only responsible for rodents like mice or squirrels. If rodents are getting in the house then it's probably an issue with the property, like a hole somewhere.

@Cody Barrett

If you get a call or complaint from a tenant, look it up on YouTube and see what the repair involves. Then you should be able to decide if you can do it or not. I think a handyman is ok for something like flooring or wall repairs. I don't think I would let a handyman touch my plumbing, electrical, or HVAC. One downside to doing your own repairs is having to buy tools. It might be cheaper to just pay someone to fix your problem if the repair requires buying special tools that you won't use very often. 

@Ben Wenger

I like Valspar Storm Coat from Lowes. Great price and good coverage. I use satin for everything. I used to like high gloss on the trim and doors. I think the shine looks great and it cleans well, but it doesn't take touch-ups or repainting well. It's too slick. 

@Adam Stolz

Welcome to BP! Always great to see another investor from Georgia here!

@Jordan Hamm

Congratulations! 

Where are you finding the properties you are flipping? By that I mean MLS, a wholesaler, auctions, direct mail, etc.?