Your first action should be getting familiar with contractors, realtors, suppliers and competition. Using the internet is very important and I will also supply links soon.

If you are not qualified to inspect the condition of your purchase definitely hire  a qualified inspector, it can make or brake your success. I am sure you heard it before, the 3 most important items in real estate, location, location, location. More details to follow.

Don't make short cuts, they will come back and bite you. I have been bitten. Money:A good way to loose friends and family...just spell it out in writing. I have done it with success and failure.Know what you can do and learn what you don't know. Starting out can be a financial drain. Choose contractors wisely .

 

Just a few preliminary thoughts. I have been in business for over 40 years and made all the mistakes possible.

  1. Do your comps before you buy

  2. A budget is critical

  3. Biggest mistake people make is over doing the remodel.

  4. Follow the budget and remember your not living in it.

  5. You can make a house very nice without busting the budget.

  6. Everyone has an opinion, if your not into design there are many sources to use for free.

  7. Details to follow