I also realize that as someone new to the field, I’m bound to make mistakes along the way.One thing that makes me nervous is not knowing exactly what to do or say when I finally get a “yes” from a seller.

The key is matching the type of funding to the stage of your flip: quick acquisition money, rehab money, and finally bridging to the exit strategy without over-leveraging.For someone like you, the takeaway is to build relationships with multiple sources of funding now.

I’m excited to finally jump in here after lurking for a bit and soaking up the value this community shares.By day, I’m an insurance advisor helping real estate investors, flippers, landlords, and contractors make sure their properties and businesses are properly protected without overpaying.

Finally, successful management always comes down to knowing your profit margin before you start and closely tracking your timeline and costs to ensure project expenses don't strip away that profit.

With balanced conditions and steady demand, well-presented and properly priced homes continue to attract buyers, while overpricing can lead to longer days on market and, ultimately, a lower final sales price.

A massive step beyond google search, but certainly not sentient yet either.I'll take a stab at explaining my understanding of what goes on under the hood: 1) Large language model chatbots (like ChatGPT, Claude, Gemini, etc) turn the text you type into numbers (vectors).2)Then they use advanced algorithms to understand the contextual relationships between those numbers. 3) Finally, they synthesize a response based on that understanding.The responses can appear creative and downright impressive because they are considering a massive amount of information, logical relationships between words and context that the human brain is simply not equipped to handle itself.

And, one final thought, know this...the lessons (and really the mindset) you learn from your first deal are/is far more valuable than the money you'll make.

FINAL NUMBERS:- Projected Costs: $380k ($357k in build cost & $23k in soft costs)- Actual Costs: $389k ($369k in build cost $20k in soft costs)Note: We had very minimal carrying costs because we utilized a CA HELOC with Premier Valley Bank that had a 2.99% introductory interest rate.- Projected Finished Value: $750k- Actual Finish Value: I think between $800-$850k, not sure yet.

Rented for a couple of years and finally sold it.

Raleigh–Durham Market Update October 2025Hey everyone, here with your Raleigh–Durham October market breakdown — this month’s data tells a clear story: inventory is building, sellers are negotiating, and buyers and investors finally have a chance to catch their breath.