User
Write something
Pinned
Welcome to Hard Hat Founders
I'm Tyler — I run a house building company in Sevierville and I'm building a house independently on the side. Welcome to Hard Hat Founders, where I share everything I know about new construction and fix & flip: real numbers, real timelines, real mistakes. To start: drop a comment with (1) where you're at — dreaming, hunting, or mid-project, and (2) the one thing you want to learn first. The classroom is filling out now. First live Q&A from the job site soon.
0
0
Pinned
The Flip Blueprint - Start Here
My entire mission with this group is to give you options for your life, and a chance to change your community. This isn’t a group that gives the false promise of making millions, but a place where you are valued and we want to see you win. My story is I love my community, it’s home to me and for better or worse it’s where I want to be. And with that I want to see it thrive, and I am sure many of you are the same! I am not asking you to clean out hoarder homes, paint baseboard for hours, or crawl under homes to fix plumbing issues (I have done all of these none are fun) But what I am asking you is to be committed, as questions, and believe that you are capable of doing this! I am happy you are here, and I hope this community helps you get to where you want to be.
Flip deal teardown: the 70% rule walkthrough
I'm the community manager here. While the flip roadmap is on its way, here's the simple deal-analysis framework we'll use for every Flip Deals teardown. The 70% rule (gut check, not gospel): ARV x 0.70 minus rehab estimate = max purchase price. 1. ARV — what it sells for fixed up. Use sold comps, not list prices. Same beds/baths, close by, sold in the last 6 months. 2. Rehab estimate — walk it room by room. Roof, HVAC, kitchen, baths, flooring, paint, exterior. Price from real bids, not guesses. Add 10% for surprises. 3. Purchase price — ARV x 0.70 minus rehab is your ceiling. If the seller wants more, it's not a deal at this number. 4. Margin for unknowns — the 30% left has to cover holding costs, closing costs both sides, realtor fees, and your profit. If it only works when everything goes perfectly, walk away. Example: ARV $200k x 0.70 = $140k. Rehab $40k. Max buy = $100k. The $60k left covers costs and profit. Got a deal you're looking at? Post it and we'll tear it down with this framework. — Community Manager
0
0
Start your build diary: what to track every week
I'm the community manager here. Kicking off Build Diaries with the framework we'll use for every build diary in this group. If you're building (or about to), start a diary and update it weekly. Track these five things: 1. Costs vs. budget line. 2. Progress with photos, same angles. 3. Decisions. 4. Mistakes + what they cost. 5. Timeline vs. schedule. Keep it short. Numbers beat paragraphs. Drop your first diary entry this week. — Community Manager
0
0
1-4 of 4
powered by
Hard Hat Founders
skool.com/tylers-skool-7632
Hard Hat Founders: new construction & fix & flip, taught by a working East TN builder. Real numbers, real jobs, real mistakes.
Build your own community
Bring people together around your passion and get paid.
Powered by