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Do You Need A Real Estate License To Flip Houses?
If you’re interested in real estate investing and are looking to own real estate, become a house flipper, or buy an investment property to rent out, you might be asking yourself: “Do I need a real estate license to get the job done?”
Investment sales requires a license, real estate rental brokerage requires a license, and being a lender requires a license. But, what about flipping houses?
Well, you’ve come to the right place.
If you are someone who wants to become a successful real estate flipper and buy good real estate investments either as a side hustle or a full-time gig, you must understand the ins and outs of the business. And, that first step is understanding the license requirements - if any - needed to crush it in the house flipping business.
Let’s dive in.
Red Flags Before Hiring a Contractor | Real Estate Skills
As we've learned from rehabbing and flipping hundreds of properties, the success of major home improvement projects largely depends on the contractor you hire.
Yet, not all working contractors are qualified to do the job. Some may have a friendly demeanor over the phone and offer you a great deal, but then cut corners on the job site, leaving you in the dark about their progress.
With money and time on the line, it’s imperative to find a highly-qualified, competent professional you can trust with your unique job. Here are nine red flags you shouldn’t ignore when hiring a contractor for your home renovation.
- 1. Lacks Contact Information
- 2. Demands Unreasonable Payment Up Front
- 3. Solicits Your Home
- 4. Lacks Permits
- 5. Can’t Present Proof of Insurance
- 6. Refuses to Sign a Contract
- 7. Has Outdated or Missing References
- 8. Lacks a Website, Portfolio, or Reviews
- 9. Communicates Poorly
1. Lacks Contact Information
At a minimum,...
How To Choose The Best General Contractor? | Real Estate Skills
One of the best moves you can make as a real estate professional is hiring an experienced general contractor to manage and complete a renovation!
In this guide, we’re going to cover how to find, qualify, & hire the best general contractor for your real estate projects.
Let’s dive in! Use this menu to jump to your section of choice:
• 1. What Is A General Contractor?
• 2. What Does A General Contractor Do?
• 3. How To Find The Best General Contractors?
• 4. How To Qualify & Choose The Best General Contractor?
• 5. How To Hire A General Contractor?
• 6. 3 Main Goals Of The Best General Contractors
• 7. Alternatives To Hiring A General Contractor
• 8. The Bottom Line
What Is A General Contractor?
A general contractor is an expert at increasing the value of houses and can handle all of the challenging aspects associated with a renovation project. Such as, managing the ordering of materials, sub-contractors, people,...
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Alex Martinez
Real Estate Entrepreneur
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