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House Flipping Anyone?21/2/2020
We are nearly ready to launch FLIP ASSIST - Part of our Reno Assist group.
We have been working over the last couple of months gathering the team and resources together to kickstart this part of Reno Assist. This has included a new business partner, establishing a funder and contacts with real estate agents in the area.
A big part of the set-up process has been establishing a conservative feasibility template to establish approximate purchase and sell formulas to share with our industry partners and investors.
Coming from a Project Management background, I like to approach projects on a worst-case basis and work to improve the bottom line via sourcing better products, better ways of doing things and keeping everything on track. Below is a screenshot of the feasibility summary. This will be uploaded as a live document to our website in the near future so potential investors can test their proposed project for viability.
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