Reader mail: Getting started flipping houses
by Randy
(MN)
hi i wanted know a few things about flipping houses well first i not really experienced in flipping houses or really know what skills are needed. ive been researching on the net on how it is done efficently and people make a good living off this if done the right way i think this somthing i would like to know more about.
| LM says: Randy, thanks for the comment. The best way to learn this business is to do it yourself. However, you need some education before doing that and there is no better way to get that education than learning from those that have done it before. That is exactly what you are going to find on this site. You should start by reading about my first flip as I go into great detail on what I had to do and what I learned both good and bad to pull off my first flip. You can then follow along with my experiences on the other flips by reading all the posts on the Flip That House page. That page is updated frequently with my latest development in flipping houses. Finally, you can follow along with House #7 as I will post here on step by step of what it's going to take to flip that house. Other than that here are three other blogs I highly reccomend: 123 Flip, Tom Tarrant and Craig Fuhr. Again, these are guys that are out there doing it, I personally know two of them and they do a great job of sharing what they learn along the way. I have learned from them and I am sure you can too. Probably the most important thing that you can do at this point is education, education, education. That will be the #1 thing that both keeps you out of trouble and gives you the confidence to give it a try. Please let me know if you have any other questions and don't be a stranger. |
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