Sentences with phrase «first flip»

Before he met Joanna, Chip partnered with his parents to buy his first flip property while still in college.

Whether you are just starting out with your first flip or you're an established investor with a portfolio of rentals, you need a tax professional who can make sure you keep the most of your hard earned money.

I recently closed escrow on my first deal and started my first flip yesterday.

I am looking into doing my first flip with a hard money lender I'm in South NJ for those that are close please let it be known.

I didn't my first flip while working for a GC, so I know the juggle!

«We didn't have any clue as to what we were doing,» Winters said of the first flip.

I am interested in finding a partner and doing our first flip.

It will be my first flip, so I'm excited about it.

I am a buy and hold guy (Chesapeake) but in the middle of my first flip (Portsmouth / Churchland).

Whether you want to attempt your first flip or you're a seasoned investor, keeping these tips in mind will prove beneficial for your next endeavor in either commercial or residential real estate.

I was exploring the idea of tax auctions to purchase my first flip.

I am torn on trying to do it myself or using a professional when I get into my first flip

I talked with a 27 year old who made 35k on his first flip, and he too is on his second.

Can you tell me a little bit about your first flip and how you moved forward?

In 2015 when I was doing my first flip I was looking for my next one when a friend of mine called and asked me to check out a friend of his house his friend wanted to fix up and sell.

I bought my first flip yesterday at a foreclosure auction and my phone has been ringing off the hook.

We did our first flip and made $ 15000.

I had no idea what I was doing 2 and a half years ago when I bought my first flip, I had no idea what I was doing a year and a half ago when I bought my first rental.

First flip ever where I barely got out OK... BARELY > Ran into too many issues during the rehab..

Congrats on your first flip!

I'm somewhat at a beginning stage with a couple deals behind me; I've been doing it part time for a couple years but gearing up to doing it full time - our first flip (full rehab) just went on the market a couple days ago.

> which brings me to my first question — after you bought your first flip how did you get your contractor / contracting team?

We learned everything from how to find the right property, how to finance, cost vs whether it's a good deal (magic formula) and the A-Z of doing your first flip.

I'm looking to do my first flip, but in a much different price range.

Not before long, the couple saved enough money to purchase their first flip, then their first rental, and as the years went by their business expanded exponentially.

My father and I are nearing our three year anniversary of our first flip purchase (October 2014).

Here are the Show Notes: Currently have 5 rentals and 80k of income and trying to paying off rentals because near retirement Also flips properties where the goal is 20k profit He outsources much of the work Got rentals in 2011 and regret not doing it earlier Got hammered in 2008 Got out of the market in 2000 Interest rates are very low which is different that past times which means a good time to lock in loans, stocks are pretty high Real estate is not for everyone and might have a wrong skill set If you don't want to do the work be a hard money flipper but only make 10 % (you need to have the money) Don't lend to someone doing their first flip Need to hire a virtual assistant — 5 properties can manage by self Let go of politics Marriage advice Begin with the end in mind — He already knows his legacy and just lives it Teaching kids financial principals — mindsets and habits To teach a 12 - year - old — give them money To teach a 30 - year - old — they need to want to fix the money problem Letting go to be happy richersoul.com

No matter what you find, do not purchase beyond your means ESPECIALLY on your first flip.

We bought our first flip property in the fall of 2008 when the market was falling off a cliff at a rate of around 5 % per month.

This will be my first flip and I am really nervous about pulling the trigger.

I am looking for partners mentors as I am preparing for my first flip in Southern California!

I am doing my first flip right now.

I have much more to learn but I am ready to do my first flip.

Anxious to do my first flip!

What kind of tips / advice would you give someone that is just starting out and looking for their first flip?

Within 2 weeks of being in this new market we had our first flip under contract and now about 2 months later door # 1 is officially on the market!

I had 0 buyers when I started my first flip just 3 months ago.

I am not sure outsourcing expense management is a good idea on your first flip.

Not too bad for my first flip but I would like to see closer to 15 % ROI on my next one.

So I just stated my first flip in Chandler Az!

This is a common story for a first flip, I know.

I'm in the middle of my first flip and expect to profit about $ 35k from it.

I cleared $ 49k on my first flip although I did almost everything wrong.

Financing my first flip with a solid GC project managing start to finish.

On your first flip, be prepared to make mistakes and spend money and time learning how to do it right.

@Tim McKallip, was just trying to point out that if you are want to make your first flip also your primary residence then going multi-family can ease your monthly nut and be more profitable in the long - term, even if selling is your end game.

First time home owner; to buy first flip property as my FIRST and PRIMARY residence, or buy a home to stay in personally, and wait 2 - 4 years to build more cash for purchase of secondary / tertiary properties on the side to be flipped?

This was my first flip, so I felt honored that someone of his stature would work with little old me.

My dad is a contractor and I need to fund more buy and hold properties so I decided to do my first flip with my dad in order to finance money down for more buy and holds.

I worked real hard to understand this business for three years before I did my first flip.