It seems like there is a new house flipping show on TV everyday. Everyone thinks it is easy to make huge money in this business. Like anything in life it is not as easy as it appears and you need to get the proper training to understand the real estate markets.
The past 4 years it was easy because of the upward swing of the market but keep in mind California is notorious for market swings. I don’t have a crystal ball but because of such low inventory levels we could still have a bit of a ride left.
How long you ask?
That is the question for sure. The reality of reality TV is that you only see a small bit of what really takes place on a house flip. Managing contractors, picking out finishes, borrowing money, and keeping on budget are just some of the hurdles you need to overcome.
A trusted hard money lender can be your best friend. He or she has a real good grasp of what is going on in the market because they see deals come across their desks every day.
I am the Managing Director of SFR Ventures Inc. You can watch a video about me here:
SFR Ventures has been in business for over 4 years. We specialize in spec construction loans and luxury renovation projects.
I want to continue to build relationships with custom home builders, investors, architects, wholesalers, deal makers, private money lenders, real estate agents, and anyone who is in the real estate space.
You can sign up here:
I encourage you to become involved and to network with like-minded investors.
If you would like to get private money funding, if you have a deal you want to wholesale, or you would simply like to introduce yourself, please contact me at http://reiloanpro.com or call me at (925) 852-4720.