1/ A quick thread on buying even more properties in alignment with where the market is at right now
Create a little resource for owners of construction companies and fix and flippers. It can be a FB group or a texting group with a piece of advice a day. NOTHING fancy.
Create a little resource for owners of construction companies and fix and flippers. It can be a FB group or a texting group with a piece of advice a day. NOTHING fancy.
2/ You can provide info about material pricing, new city ordinances that affect them, investor intros (to folks you don't need to raise from), etc. etc.
We're in that stage of the cycle where flippers are not able to deliver projects they took on.
We're in that stage of the cycle where flippers are not able to deliver projects they took on.
3/ You can see this in local investor Facebook Group every day.
Usually something like "hey, I started this but I've got 3 other builds at the moment and I need someone to take this over".
Usually something like "hey, I started this but I've got 3 other builds at the moment and I need someone to take this over".
4/ You can crawl through these groups as well, and that WILL get you some deals, but unless you hold the email list, the FB group or the phone numbers you're texting you're at someone else's mercy (this is called platform risk).
5/ If you're not afraid of taking over a reno midstream there are A LOT of opportunities out there right now to step in the shoes of a current flipper who underestimated the labor shortage, lumber prices, city permit runway times and so on.
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