To profit by Finding/Fixing/Flipping, we must:

• 1st – Find a house.
• 2nd – Fix the house.
• 3rd – Flip the house.

After purchasing a property, there are a couple of ways to go about fixing and flipping the house:

• Delegate all the repairs, doing little or none of the work on your own, or
• Complete some repairs on your own and eliminate potentially high contractor costs.

A good way to buy ‘fixer upper’ properties is by calling a local agent in the area.

• A good reason for this is because banks usually list their properties through real estate agents.
• The properties are usually cleaned out and you get a clear title at closing.

After you purchase a ‘fixer-upper’, you will then need to decide if you are going to get your hands dirty and cut costs or delegate the work to a contractor.You can also do minor work at the project in order to oversee the project.