All Forum Posts by: Ryan Kwong

I am working on starting my first rehab and flip project too. A few things that have helped me get the ball rolling and get out of analysis paralysis.

1) Build your own rehab and flip calculator or find one online. Find a home for sale or one that has sold and start filling in the variables on a calculator so you can get a feel for what all the costs are. Use best guess assumptions to get started then start calling companies for quotes. 

2) Find a General Contractor who is experienced in doing flips and ask to go and look at one of the current projects. That is a good way to see the quality of their work and probe how much stuff is costing. 

3) Based on your funds available start to put together your "buy box" - target location and price range

4) Building a team: real estate agent, contractor, mentor

Hope that helps, feel free to reach out if you have more questions.