One of the essential contacts you need when learning how to flip a house is a network of contractors. You will need them when you start investing and learning how to flip a house.
Why is this needed you may ask. As mentioned in a previous post, you will need to buy property that is priced lower than market value. Most of the time for homeowners to even consider selling at this rate, the property will be needing a bot of fixing up, remodeling, or a certain amount of repairs.
You can of course sell this as wholesale or assignment, but there may be instances where you will need to make some repairs yourself. You may even want to retail the property for higher profits.
When you have your own contractors who can do this for you, you are at an advantage. You will know how much to buy as you will have easy access to repair costs and other costs that may be involved.
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I have done this before and with the help of House Contractors in the Philippines, I have the property improved and now It has a higher market value.
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