permits

Yes, indeed, as you get going as a house flipper, you will probably need to get a lot of permits. In fact, you’ll need so many, if you’re flipping a lot of houses, that you’ll wind up having to create a mini compliance effort of your own. Here is what you need to know about permits. . . .

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use licensed contractors

Unless you are a home repair ace, and you are prepared to put a ton and a half of sweat equity into every property you flip, you are going to need contractors. Even if you could do it all yourself, you’ve got plenty of other work to do. Specifically, you need to go find other properties you can flip, arrange for your financing, “stage” the property, and find willing buyers. . . .

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