All Forum Posts by: Sean K.

I know there's a couple of good posts regarding the sequence of events for purchasing, but what are the steps after you purchase a property, rehab it, and get ready to flip?

Well noted Brian. Thank you!

Thank you Julie and Max. I haven't bought a home yet, just trying to find out what would be good to do, before I start investing. I believe, going with some investors and watching whay they do, will be great learning.

When you purchase you first investment(s) property to flip, how do I know what to tell contractors to do, if I have no experience?

I have some dry-rot repair experience, from many years ago, but that's it. Do I get a project manager to oversee and figure out what to tell the general contractors, in order to make the property look good, so I can sell it?

I wouldn't know the first thing to tell them. I know the property needs improvement, and can point things out, but not what to put in its place. I wouldn't know whether to strip a place down to the frames, in order to move things around, or where to place fixtures, or take our a wall, to open up an area, etc... Is this what you learn as you go, or is there videos and/or classes on this type of subject?

Those are good points as well Elizabeth, thank you! I'm grateful for all the advice I can get.

By the way, I'm interested with starting out in flipping property.

Palm Springs - Looking for an investor who can show me the ropes (in person), in Palm Springs area (I live in Cathedral City). I would love to shadow an investor on their job sites, and/or help them out in any way I can, to obtain knowledge. I'm a member here on BP. Please reach out to me.

I'm new at investing, and not yet doing rentals, but I might suggest meeting a few other Apartment property managers around your area, and see what they do and use. Then take that info to any attorney, to see if it needs and fine tuning for your specific needs.

Good advice Thomas. Thank you!

Thank you Aaron!