There is a major pitfall when it comes to flipping properties that most people don’t talk about enough. The problem of properly qualifying and staying on top of contractors. This is a common problem that all who wish to venture into the flipping jungle need to be aware of and not be lazy about. I had a student who was … Read More
Flipping Houses Successfully Takes Work, but It’s Not Rocket Science
Every week I have the pleasure of hearing from our students who have had a profitable pay day. This is one of the highlights of my week. The students share the good, the bad and the ugly of their transactions and the solutions they implemented to solve the problem they created in the process. When a student follows the direction of … Read More
What is the Best Way to Start Building a Real Estate Network?
As you probably already know, the real estate business is all about reputation and relationships. As you’ve started to grow your real estate investing business, you’ve created and built relationships with real estate agents, contractors, wholesalers, and others in the real estate investing industry. With each new person you meet, you get access to even more people in the business, … Read More
What is the Number One Piece of Advice You Would Give to Someone Looking to Get Into House Flipping?
I think it’s a common belief among many people that house flipping is a “get rich quick” scheme, but really it’s quite the opposite. Tarek and I have spent many years flipping houses, and it took a lot of effort, time and patience to get to where we are today. When we first started flipping, we really didn’t know what … Read More
How Often Do Flips Turn Into Flops?
Often as a house flipper, it’s easy to get caught up into thinking that any old house will be able to return a good profit, but this isn’t true for every house. While house flipping can be a profitable business and can provide a steady source of income, many flip deals can end up turning into flops if you aren’t … Read More
Why Should I Take the Success Path Real Estate Investment Workshop?
Success Path Education is the premier real estate education investment program developed in conjunction with real estate investors and television reality stars Tarek El Moussa and Christina El Moussa. Using the El Moussa’s own real estate investment methodologies and systems, the Success Path Education Program is one of the most in-depth and comprehensive training programs available in North America & … Read More
Do I Need a Business License to Begin Flipping Houses?
A lot of new house flippers tend to be confused about business licenses, but for good reason. The world of business can be overwhelming, especially when you aren’t sure what direction you are supposed to be going in. Consider this. Are you planning on flipping one or two houses a year while still holding on to your full-time job? Or … Read More
How Did Tarek and Christina Learn the Insider Real Estate Secrets That Your Course Teaches?
In 2008, when the housing market crashed, Christina and I decided we needed to make a change in our lifestyle. At the time we were working as licensed real estate agents, but that simply wasn’t cutting it for us anymore. With our real estate backgrounds, we decided to take the house flipping route. And while we didn’t have a lot … Read More
Is It Really Possible to Start Flipping Houses with No Experience?
Many people get caught up in the mindset that they have to have experience in real estate before they can start flipping houses. While previous experience is always helpful, no matter what field you are pursuing, house flipping is one thing that you don’t have to have a background in. Like many careers, you aren’t going to have a lot … Read More
How Much Time Will I Need to Dedicate to House Flipping in Order to Succeed?
This is a question that I could answer in one of two ways. Basically, when you’re flipping a house you can contribute as much or as little time as you’d like, but if you truly want to be successful you’re going to need to put in more than just a couple of hours a day. For example, if you are working a 9-to-5 … Read More