Rene Hosman, community manager at BiggerPockets and a rookie house flipper, shares her thrilling journey of tackling her first renovation project. She reveals how she snagged a competitive property in Denver, secured quick funding from a private lender, and developed her budgeting strategies. Listeners learn about estimating rehab costs, managing a financial buffer, and the advantages of investing in familiar territories. Rene’s real-life insights provide a roadmap for aspiring flippers stepping into the vibrant real estate market.

Rene Hosman, a rookie real estate investor and community manager at BiggerPockets, shares her journey of transforming an outdated apartment into a cash-flowing condo with a budget of $36,000. She discusses her strategies for staying on budget and timeline, revealing the highs and lows of renovations, including a flood disaster. Rene offers valuable tips on DIY projects, smart hiring decisions, and cost-saving materials. Listeners will benefit from her insights on managing unexpected expenses and maximizing rental returns.