3 Advantages to starting out as a Fix-N-Flip “apprentice”

Before getting your hands dirty in your new business of flipping homes wouldn’t it be great to have the opportunity to learn from someone that is currently fixing and flipping homes?

The advantage of learning from other people’s mistakes as well as their victories can be a priceless advantage. Here are three reasons why partnering with an experienced fix and flipper in the begging, might be a reasonable strategy for you.




  1. Networking:



The beauty of partnering with an experienced investor is that you get an insight on the contacts that they are working with. Having access to those connections on a day to day basis, is a gift that you must not take for granted.




  1. Learning and gaining experience:



As a “newbie”, having the opportunity to learn from an experience the daily operational side of a fix and flip project without carrying the entire financial burden or exposure for yourself, can make the difference of weather you are successful investor in the future. The beauty of being an invested apprentice is that you can see what works and what does not work. The knowledge you gain as a student will help you avoid pitfalls in your future projects.




  1. Return on your financial investment as well as your “sweat equity” while limiting exposure:



What is the cost of your apprenticeship? What is the “value”? What return can you expect? An apprenticeship/partnership can be structured in many ways and that is between you and your “master” flipper. It’s important to respect the fact that they are committing their time to mentor you and it is reasonable for them to expect something in return.



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