Quote:
Originally Posted by alias
You can get some cheap foreclosure houses but you need to know it will sell, and be able to do the work or at least manage the project yourself. If you are hiring you need good crews or people.
Finally you have to inspect the shit out of any potential property when evaluating it for a flip.
Some people can do all of this well, but it is not for everyone.
|
Well...of course your statements in your post are a given...but in my friends case he has 30 plus years of experience in buying...fixing and selling. I was surprised to learn from him that he is having little problem...with the current situation as it is...in flipping them. I did the same thing as he for more than 20 years but in a slightly different way than he does it...as he is a General Contractor as is his son...and I was not.