Real estate doesn’t have to be about endless scaling, it’s about supporting the life you want.

Any advice is appreciated.Interested in the BRRR method/foreclosure fix and flips. 

Quote from @Kelly Schroeder: Lately I’ve noticed flips moving faster in competitive markets, but only for investors who already have capital lined up.

Quote from @Mandy Carling: Quote from @Alfath Ahmed: Quote from @Mandy Carling: Quote from @Alfath Ahmed: Quote from @Mandy Carling: I’ve been around real estate my whole life — from fix-and-flips to BRRRR strategies.

You’re in a great spot to transition into flipping — having your own remodeling crew is a huge advantage.

Paying a few bucks to do it right would have saved me endless heartache. 

I’ve been spending more time lately on deal structure than deal sourcing, and I’m curious how others are approaching this on flips and BRRRR projects.What I’m seeing is that many deals don’t fail because the purchase price was wrong—they fail because the structure didn’t match the project.

In my 20 years flipping, wholesaling, and eventually building rentals, the biggest mistake I see new wholesalers make is thinking they need a giant buyers list or fancy systems on day one.

To those reading this (assuming you have done a fix and flip), I have a couple of questions:What did your margins look like on your first fix and flip, or what do you try to aim for when doing one?

Great question, Melinda — staying on budget can make or break a flip, especially in today’s market.A few systems have helped me keep projects tight and predictable:***Twice-a-week on-site check-insI physically walk the project with my contractor at least two times per week.