I also just read the entire thread that Phatboy posted about the total remodel of his Louisiana home... WOW! How inspiring. That is exactly what I would like to do with my fiance someday... He is more of a computer guy... But I think I could get him to buckle down and work with me on a project!
psych1: One suggestion i would make is to not call yourself a "flipper" that smacks of someone out to make a quick buck with the minimal investment of time, effort and materials. Not someone i would buy a house from. It is the "flipper" mentality (the derivatives market is based on "flipping" financial instruments) that has dragged the world economy to the brink of ruin.
I think the best way to start this is by buying your own "fixer Upper" and live it for 2 years while you make the improvements. This will give you the experience you need while keeping your expenses down. You also get the benefit of no capital gains. (As long as you live in the house for 2 years)
I know many people that have done this over and over again. If you start when you are young, you can have your dream house completely paid for in about 4 or 5 turns.
Good Luck!
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Yes, tell them you're doing God's work.not call yourself a "flipper"
Some people fear home renovations. I love them. I walk around my house imagining the
possibilities and the wonders that a torn-down wall, a fresh paint job or a whole new
bathroom and kitchen can do.
I have no experience in home renovations but like so many other do-it-yourself, I turn to
the Internet for help in planning and executing my home-improvement projects.
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